A Successful Long Trade on Bullish Butterfly Pattern

By RaynLim
Those who went long on the NZDJPY Bullish Butterfly Pattern might have profited more than 100 pips (~1,000 USD/lot).

The trader suggests waiting for a Type 2 Butterfly Pattern at 89.35 or a retest of support at 89.73 for a counter-trend buying opportunity.

What's your trade plan for NZDJPY?
askforex100Bullish ButterflyButterflybutterflypatternscandlestickpatterncountertrendHarmonic PatternsNZDJPYSupply and Demand
RaynLim
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