Euro / Japanese YenShort
Bearish Butterfly inside rising wedge
Butterfly pattern completion point 132.000 possible extension to point 132.300
Also incorporated is a rising wedge possibly indicating a short soon
RSI complex structure completed at 130.700 followed by impulsive structure completion point 132.000
Take profit target #1 131.050 Take profit target #2 130.400
Stop loss 132.400
Update with new TP contingent upon completion of extended point of pattern.
Also incorporated is a rising wedge possibly indicating a short soon
RSI complex structure completed at 130.700 followed by impulsive structure completion point 132.000
Take profit target #1 131.050 Take profit target #2 130.400
Stop loss 132.400
Update with new TP contingent upon completion of extended point of pattern.
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