RaynLim

NZDJPY - Bullish Butterfly Pattern

FX:NZDJPY   뉴질랜드 달러 / 일본 엔
A Bullish Butterfly Pattern is about to emerge, I'm waiting for the candle to touch 77.91 and retraces for a valid pattern. But for some Harmonic Pattern trader would have treated this as a Type 2 trade as the candle circled in yellow is close enough to them. It misses the completion by a pip. I'm not going to argue on that as every trader can have their own trading rules and they have their own trading decision to make. I'll still wait for the candle confirmation at 77.91.

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