Fibtrader786
Long

EURUSD bullish 3 drives to the bottom

FX:EURUSD   Euro / U.S. Dollar
111 4 6
This is a classic 3 drive to the bottom pattern. Also associated with the double bottom . There is also a bullish butterfly in it. Can you find it?
Buy at 1.0948. S/L 30 pips lower. First P/T 40 pips higher. Then move your S/L to break even and let the rest run to 80 pips profit.
Comment: In the trade
Comment: Position closed :-).
Fibtrader786 SiamSamuhatananon
Thank you. I love this pattern. It is my favourite. There is more then 80 pct probability.
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SiamSamuhatananon Fibtrader786
i do not set TP, so hit SL instread :(
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Fibtrader786 SiamSamuhatananon
Make a habit of placing TP`s with SL all the time. At least the first target. It pays off huge time. Specially at times like these during a major news releases.
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