Bullish Butterfly pattern finishing on 1H EURJPY. 1.27 extension on previous structure favors long entry with RSI on oversold. Previous structure support provides good target for TP1. Price action loosing steam approaching 1.27 AB Ext providing a nice PRZ.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.