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WilliamSurya
May 1, 2017 9:55 AM

USDJPY: Butterfly Pattern setup Short

U.S. Dollar/Japanese YenFXCM

Description

Reason to entry:
-Butterfly Pattern
-Losing momentum
-nearly overbought RSI
-127.2% completion at very strong structure lvl

Entry:
-127.2% Butterfly’s completion
-161.8% Butterfly’s completion

Exit:
-38.2% retracement
-61.8% retracement

Void if:
-Failed pattern
-premature move

Remember that market always right!
Manage your trade well!
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