USDJPY …. rounding bottom and bullish Butterfly, 10/10/15

#USDJPY  rounding bottom and bullish Butterfly

…. weekly and daily chart ….

USDJPY weekly chart

USDJPY

Pattern: rounding bottom

confirmation line at 128.728¥

USDJPY daily chart

USDJPY daily

Patterns:

  • bullish Buterfly XABCD, completed, first target achieved, resistance to M.A. 200 days
  • Triangle formation ?, base DE, resistance at 122¥,  support at 116,46-116,96¥
  • rectangle 1,2,3,4, resistance at 121,26¥, support at 118,67¥