CADJPY - Bullish Butterfly

WOW! CADJPY is our trade of the month. First, we engaged the trade on a Bullish Crab Pattern and before the Crab Pattern has even moved towards the direction that I was trading. I'd also spotted the Head and Shoulder opportunity to buy.

With Trade management, that trade easily brought us 280pips(approx. 2,800USD/lot traded) of pure profit

If you trade Type2 Pattern, on the 4hourly chart, we have a Bat Pattern to complete at 90.12.

Well, if you are like me, when there's an immediate pattern and you prefer Type1 Pattern over Type2 Pattern, the Bullish Butterfly Pattern completed at 89.63 on the 1hourly Pattern.