Hey guys, so my analysis to short USDJPY yesterday did not work out.
Price broke through support.
However, another pattern formation has just completed.
Pattern identification
I see a bullish butterfly completing at 111.60
I have gone long around 111.80 with SL at 111.20
Will aim for 114 as initial targets.
Still bullish on USD this week.
Good luck and good trading!
Price broke through support.
However, another pattern formation has just completed.
Pattern identification
I see a bullish butterfly completing at 111.60
I have gone long around 111.80 with SL at 111.20
Will aim for 114 as initial targets.
Still bullish on USD this week.
Good luck and good trading!
Note
Moving nicely up. Aiming for 114 on this.Note
Riding 180 pips so far. Hitting tp soon. Who is with me on this?Note
Will be setting protective stops tomorrow, do check it out here after the europe market opens.Trade closed: target reached
Closed with +220 pips of profit. Congrats to all who followed.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.