Closed TradesCompleted Harmonic PatternsCurrenciesCurrencies PremiumFX MINORS Trade Ideas PremiumHarmonic Butterfly PatternHarmonic Patterns PremiumIntraday Forex SignalsMidterm Forex Signals And SetupPremiumTrade Setups

EURJPY Resistance And Bearish Butterfly Pattern Update: TP2 Reached

EURJPY Resistance And Bearish Butterfly Pattern

Description of the pattern: EURJPY is testing the 126.00 resistance. A Bearish Butterfly Pattern confirms the bearish correction. The pattern is being printed on the H4 chart. Area of entry is wide and the targets are deeper.

Trade: SHORT

Time Frame: H4

Trade Period: Intraday / Midterm

Estimated completion time: 2-12 h4 Candlestick

The trend in the Timeframe: Bullish

The trend in the Daily Chart: Bullish

Trade Based On Bearish Butterfly

The accuracy of the pattern: 93

Recommended Lot Size: 0.10 at 10K

Trade: Short

The Area Of The Entry:  125.900 – 126.170

Stop Loss: 126.500

Target 1: 125.400 / Reached

Target 2: 125.000 / Reached

Target 3: 124.600

Ultimate Target: 124.000

DON’T MISS OUT!! LIMITED TIME OFFER

BASIC PACKAGE MEMBERSHIP 6 MONTHS for $ 219

VERIFIED ACCOUNT AND SETUP RESULTS

CURRENCIES FORECAST   COMMODITIES FORECASTS   PATTERN SETUP    NEWS  SUBSCRIBE

Subscribe to our premium packages if you would like to get 1000+ instruments analysis and trade signals of Chartreadreadepro.

You can contact us via Skype User Name: Chartreaderpro

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

EURJPY: 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

Tags
Show More

Related Articles

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Close

Adblock Detected

Please consider supporting us by disabling your ad blocker