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elyte
Aug 28, 2018 8:16 AM

A bearish butterfly pattern completed  

Euro Fx/British PoundFXCM

Description

A bearish butterfly pattern has completed on Eurgbp. This is a 1:3 or more trade opportunity. I have my pending short order at 0.9055, target at 0.9010 (45 Pips) and SL at 0.9070 (15 Pips). Price is likely going to move lower if it goes as expected. I will cancel this order if price gets higher than 0.9070 before trigger.

Order cancelled

Price didn't come to the entry but rallied above 0.9070. I have cancelled the pending order.
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