Friday, December 20, 2013

AUDJPY - Bearish Butterfly spotted which confluence my short analysis at the same spot

Found another bearish butterfly on Aussie Yen



This morning my analysis (not looking at harmonic patterns) was to sell at 50% retrace area / pivot weekly / 127.20. Little that i know that there was a potential bearish butterfly. This correlates very well with my analysis for this setup.
Hope this goes in our favour

Happy trading!

Howard
#Forex_Trader168

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