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Se-Ben
Jun 22, 2018 9:23 AM

UJ Possible Bullish Butterfly Forming  Long

U.S. Dollar/Japanese YenFXCM

Description

Currently waiting to see if this pattern will play out. Bearish gartley pattern before this one was spot on, and of course I am expecting the same thing here. IF this does continue bearish to complete the pattern I expect some consolidation around 108.500 as it's a quarter point. My stop loss will not be too tight this time around because of this. If this happens I feel that we are in for a long bullish ride as it will be hitting an area of interest or support. Hope everyone is in profit!
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