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JackDale
Aug 4, 2016 8:38 PM

Euro Nok der De Bullish Butterfly Long

Euro Fx/Norwegian KroneFXCM

Description

Nok Nok, who's there? Bullish butterfly pattern.

Interesting harmonics coming up for EURNOK, ab=cd, bullish butterfly, with a .618 retrace from significant support to the top.
Rsi finding support. Butterfly's like to reverse quite quickly, but since they require large stops, it may be wise to wait until a reversal candle is shown.
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