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AMTrader
Nov 17, 2017 12:27 PM

USD/JPY Bullish Butterfly Pattern 做多

U.S. Dollar/Japanese YenFXCM

描述

Bullish opportunity for USD/JPY.

Enter once price has closed above point B or between 112.70/80, just to be on the safe side taking into account the
economic news to published @ 14:30, or enter after the news.

Place stops below 112.60.

Target 1: 113.14
Target 2: 113.33

Keep an eye on the DXY, which is currently reaching oversold territory on the daily time frame.

Also check the DMI indicator for a possible crossover to indicate further bullish pressure.

Happy trading
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