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A Successful Long Trade on Bullish Butterfly Pattern
New Zealand Dollar / Japanese Yen
Long
A Successful Long Trade on Bullish Butterfly Pattern
By RaynLim
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Feb 4
0
Feb 4
Those who went long on the NZDJPY Bullish Butterfly Pattern might have profited more than 100 pips (~1,000 USD/lot).
The trader suggests waiting for a Type 2 Butterfly Pattern at 89.35 or a retest of support at 89.73 for a counter-trend buying opportunity.
What's your trade plan for NZDJPY?
askforex100
Bullish Butterfly
Butterfly
butterflypatterns
candlestickpattern
countertrend
Harmonic Patterns
NZDJPY
Supply and Demand
RaynLim
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