So now we are in the vicinity of 161.8%, and the last valid D of Bearish butterfly. Kiwi touched 0.7345 during Monday London session. We shall see if the pattern is to hold or invalidated soon. Short stop is above 0.7350 Here is the updated Chart, the Butterfly.
Chart of the moment
$EURJPY 13 Sep 2010 , a butterfly flying?
It is harmonic time again! 🙂 A Bearish Butterfly is found to be ‘secretly forming in hourly chart of EURJPY. And we are now at 1.618% extension level. Let’s see how it works out later. Here is the… Butterfly!
Chart of the moment: $CADJPY 13 September 2010
This is the chart that caught my eyes this morning. CADJPY is back to the resistance zone again. Let’s see how it will play out. Here is the.. CHART! Trade Well.
Updated Chart of $NZDUSD Bearish Butterfly
This is the quick update of my previous post of $NZDUSD. Kiwi dollar pulled back to 78.6% of the most recent down swing, the risk was back in town during the Wednesday session. And the bearish Butterfly pattern is still alive for now. I am watching the development of this pattern. As always, it is […]
ABCD $AUDUSD
AndrewUknown pointed out an ABCD formation in the comment section my $AUDUSD post few days ago. Now the bearish rising wedge might potentially be invalidated, well, it is too early to make the call now, if the bearish wedge failed to realize, we might see 0.9350. I thought I will post the chart here in […]
Chart of the moment: $NZDUSD, a Bearish Butterfly it is
Here is what I see in Kiwi dollar ($NZDUSD). We are looking at a bearish butterfly pattern now, well, in case you are into harmonic pattern. Again, is the chart trying to tell you something? Trade well.
