Bearish Butterfly – NZDJPY


Click here to view chart.
– The pattern has an extended XA proj. (1.618 XA)
–  PRZ at a previous supply zone (resistance)
Note: Price retracement from the PRZ would be a counter trend move.
Advertisements
This entry was posted in Butterfly, Forex, Harmonic Pattern, NZDJPY. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s