USDJPY bearish 3 drive to a top with Butterfly pattern Singkat

U.S. Dollar/Japanese YenFXCM

Huraian

⋅ 25 Okt 2016 pukul 14.28

Sell this USDJPY 3 drive to a top at 105.03. S/L 30 pips higher. First P/T 40 pips lower.

Komen

lcyilin

⋅ 27 Okt 2016 pukul 03.50

Hi, is the set up still valid as the price did not make a consistent higher high in the CD leg?

Fibtrader786

⋅ 27 Okt 2016 pukul 05.45

HI, 3 drive to the top is already invalid. You need to have 2 symmetrical triangles one after the other.

lcyilin

⋅ 27 Okt 2016 pukul 06.01

Noted, thank you! I am learning a lot from you. Currently reading through the book you recommended, trade what you see.

Fibtrader786

⋅ 27 Okt 2016 pukul 06.04

Very good. Keep learning. Ask questions any time.