Bearish Butterfly GBPJPY Short

British Pound/Japanese YenFXCM

Description

⋅ Oct 7, 2018 10:26 PM

The new candlestick is trading at Fib 127 which is our Possible Retracement Zone (PRZ). We also have a bearish trendline at Fib 138.2 where we expecting a retest before retracement. Go short after retest.

Trend Analysis Harmonic Patterns

Comments

Celi_MGD

⋅ Oct 8, 2018 10:40 AM

153 pips drop. Limits only exist in your mind