Identified a bearish Butterfly pattern completing at around 87.92. From the hints given by the recent candles, I believe that price could move up to test the 87.92/88.00 level once more before it falls.
I would want to see a bearish candle setup at that sell zone before taking a trade.
I would want to see a bearish candle setup at that sell zone before taking a trade.
Trade active:
Price rejected 87.92 again. Stops slightly above 88.08
Comment:
Sorry wrong chart. Here is the right one
Trade active:
TP1 achieved,partial close with 22pips
Moved second batch to break even (risk free trade)
Moved second batch to break even (risk free trade)
Trade closed: stop reached:
All trades closed
1st batch 22pips
2nd batch +0pips
1st batch 22pips
2nd batch +0pips
H1 candles still up