A butterfly pattern could be forming on GBPJPY. This analysis replaces our previous analysis, it looks like the sellers can drive the price a bit lower for a stop hunt low, this looks like a better place to look for buying opportunities.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
