USDJPY Daily - Max butterfly and Alt shark
Updated
Hello.
The pair has 2 harmonic patterns in convergence, therefore it can reverse and make a bullish move. but it all depends on today and this week's candle.
As I showed on the chart you can enter a long position with 30pips Stop-Loss and over 100pips profit. I think it's a solid signal.
But if you want, you can wait for reversal candlestick patterns just to be sure.
The pair has 2 harmonic patterns in convergence, therefore it can reverse and make a bullish move. but it all depends on today and this week's candle.
As I showed on the chart you can enter a long position with 30pips Stop-Loss and over 100pips profit. I think it's a solid signal.
But if you want, you can wait for reversal candlestick patterns just to be sure.
Note
update about this analysis here:
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