Kylan_Laymance
Long

Butterfly Pattern, Eur/Gbp, 15min

FX:EURGBP   Euro / British Pound
Here we see a butterfly pattern on the Euro             , Pound charts.

Like most trades i make, i try to find support inside the linear regression channel and here we see the patern complete along the linear regression and the butterfly would suggest that we rally back up into, if not past, the positive standard deviation line.

I have placed my targets like any other harmonic you will see me trade.
My entry is at point b , my stop at point X and my limit at the 1.618 extension of the BC             leg.
This pattern appears to have 9 hours to complete as labeled by my forecast line.

Thanks for checking us out, as always like comment and follow.

Thank you and good trading !
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out