Euro / Japanese YenShort
Bearish Butterfly inside rising wedge
Butterfly pattern completion point 132.000 possible extension to point 132.300
Also incorporated is a rising wedge possibly indicating a short soon
RSI complex structure completed at 130.700 followed by impulsive structure completion point 132.000
Take profit target #1 131.050 Take profit target #2 130.400
Stop loss 132.400
Update with new TP contingent upon completion of extended point of pattern.
Also incorporated is a rising wedge possibly indicating a short soon
RSI complex structure completed at 130.700 followed by impulsive structure completion point 132.000
Take profit target #1 131.050 Take profit target #2 130.400
Stop loss 132.400
Update with new TP contingent upon completion of extended point of pattern.
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.
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.