FX:USDJPY   U.S. Dollar/Japanese Yen
160 3 4
This butterfly pattern has a perfect 78.6 retracement of the x to a leg.
Pattern completion at the 127.2 extention of the xa leg has a perfect 161.8 ratio confluence of the ab=cd .
there's not a lot of direct support but when looking further back there's resistance on the weekly timeframe .
This market is dead. Hopefully it completes this week.
Reply
I like the way you think.
USDJPY Possible Butterfly Pattern
Reply
thanks kakola. Im really new at this but doing my best. any feedback would be welcome.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out