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EURJPY Bullish Butterfly and Long Opportunity

EURJPY Bullish Butterfly and Long Opportunity

Description: Chartraderpro finds a completed Bullish Butterfly Harmonic Pattern on H1 Chart. Potential bullish reversal is predicted.

Trade Period: Scalping

Pair / Instrument: EURJPY

Time Frame: H1

The trend in the Timeframe: Bearish

The trend in the Daily Chart:  Bearish

Trade Based On: Bullish Butterfly Harmonic Pattern

Accuracy: %78

Recommended Lot Size: 0.05@ 10 K Account with 1:100 Leverage

Trade: Long

The Area Of The Entry: 128.400

Stop Loss: 128.260

Target 1: 128.400

Target 2: 148.800

Target 3: 

What to Pay Attention:

You can view the setup:

Update: TP2 40 Pips

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Rules To Keep In Your Mind:  Trade Safe. Money  Management is the key to success in forex trading. Do not risk more than 1% of your account in each trade.

You can contact us via Skype User Name: Chartreaderpro

DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money

EURJPY Bullish Butterfly Pattern: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

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