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Bisha
May 10, 2020 9:21 PM

Bullish Butterfly - EURCAD Long

Euro Fx/Canadian DollarFXCM

Description

Potential bullish butterfly pattern formation on the EURCAD pair about to complete.

All the criteria for a Butterfly Pattern meet for me. Looking to enter at the projected final leg (D) which if we look left also aligns very nicely with a support level from a previous low, in addition there is a bullish divergence on the oscillator.

Have a good week and happy trading - use good RR!

Trade closed manually

Entry point was just missed short for me, would have been a good one!
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