USDJPY bearish butterfly in route, the confluence at the reversal level with 1.272 and the abcd 1.618 is PERFECT. This may be a trade to keep a close eye on. With such strong confluence there, I would say its safe to put a limit order and take it to the TP levels or wait for the sellers to enter into the market or wait for break and retest of structure. I don't have the TP levels marked out but i will keep my eye on this pair for sure.
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#Firstladyforeverblue