USDJPY - Butterfly SELL Setup on 1D Chart Short

U.S. Dollar/Japanese YenFXCM

Description

⋅ Jul 31, 2014 11:15 AM

USDJPY - Butterfly SELL pattern w/double bottom completed just above 1.618 Fib retracement on the 1Day. Going to catch this on the way down. Entry @ 102.82, Exit #1 shade above .382, Exit #2 shade above .618. Tight STPLoss just above D completion

USD (US Dollar)Butterfly Fibonacci