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RaynLim

USDJPY - Bearish Butterfly

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
RaynLim  
FX:USDJPY   U.S. Dollar / Japanese Yen
Butterfly Harmonic Patterns Gartley askforex100 USDJPY Bearish Butterfly countertrend bearishdeepgartley deepgartleypattern rsidivergence
6
2
butterflypattern harmonicpatterns gartleypattern askforex100 usdjpy bearishbutterfly countertrend bearishdeepgartley deepgartleypattern rsidivergence
Here we have a Bearish Butterfly Pattern on the 4-hourly chart. On the higher timeframe, we have a Bearish Deep Gartley Pattern at X that is just a few pips away from completion.

I've shorted the USDJPY because of these two combinations. Furthermore, I have an RSI Divergence on the current timeframe.

The second target has a more than 2:1 ratio.
Let's see how this trade roll out.
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