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Tag Archives: butterfly pattern

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Derek Frey's Harmonic Update

Trading Signals & StrategiesBy frozenJune 21, 20112 Comments

We are now watching a few bearish patterns coming together in the CADJPY. We have both a Bearish Gartley on the 30 minute chart and a bearish butterfly on the 15 minute chart. So we are looking to short around 82.55 level with stops above 82.89, targeting a move back to the 81.89 level. Risk…

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