USDJPY Butterfly Completing At 110 level Long

U.S. Dollar/Japanese YenFXCM

Description

⋅ Mar 25, 2019 5:10 PM

Nice round number and a butterfly.

Calculated targets are on the chart.

Thanks for the comments and likes. Good luck.

⋅ Mar 26, 2019 12:35 PM

Reducing risk at +40 pips since the setup is a counter trade.

⋅ Mar 26, 2019 4:34 PM

First target is hit

⋅ Apr 2, 2019 7:00 AM

We've got what we asked for. +205 pips in total. Cheers

Comments

mehmetseker

⋅ Mar 27, 2019 7:35 AM

Boon2

⋅ Mar 26, 2019 12:12 PM

Nice, I think there might be a bit more in it, I'm in buy also. This is how I'm looking at it longer term.

zaferkilic52

⋅ Mar 26, 2019 7:13 AM

Thank you.

TradingShot

⋅ Mar 26, 2019 6:38 AM

Too volatile at the moment for a clear short term direction but on the long run I am bearish.

FXTurkey

⋅ Mar 26, 2019 6:44 AM

@TradingShot, it's good to have diversity for the point of view.

Trader0Z

⋅ Mar 25, 2019 6:59 PM

Thank you.

There is also a Bullish Crab Pattern;

X ---> Butterfly's B
A ---> Butterfly's C
B ---> 111.159
C ---> 111.694
D ---> 110.053

FXTurkey

⋅ Mar 26, 2019 6:42 AM

@Kripto_Yatirim, you're welcome

FxAzerbaijan

⋅ Mar 25, 2019 5:26 PM

Thank you

FXTurkey

⋅ Mar 26, 2019 6:42 AM

@FxAzerbaijan, you're welcome

meto35

⋅ Mar 25, 2019 5:14 PM

teekkürler