EUR/JPY Two Possibilities - Must Wait for Market Conformation
Hi Mates,
Here we have two possibilities in EURJPY... The bullish butterfly will complete at the bottom of the pink structure if price action does not reverse course at the blue box, indicating possible completion of the bearish butterfly (the grey structure). I will update as I see the price action develop. No trades will be taken until a structure completes. TPs are posted. If you take one of the trades make sure your strategy confirms it. This is not a trading signal. Good luck and happy pippin!!
Here we have two possibilities in EURJPY... The bullish butterfly will complete at the bottom of the pink structure if price action does not reverse course at the blue box, indicating possible completion of the bearish butterfly (the grey structure). I will update as I see the price action develop. No trades will be taken until a structure completes. TPs are posted. If you take one of the trades make sure your strategy confirms it. This is not a trading signal. Good luck and happy pippin!!
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No position yet, still waiting for conformation!