EURUSD - Bullish Butterfly Pattern Completed on Monthly Chart
Despite having a pinbar last month, this month has been bullish.
The 78.6% level has been retested but pattern did not complete, pattern completed in January 2017.
We might actually be looking at a very huge movement ahead.
R:R at 1.9 (TP1) and 3.4 (TP2).
I'll aim for 61.8 fib level first. Let's roll.
The 78.6% level has been retested but pattern did not complete, pattern completed in January 2017.
We might actually be looking at a very huge movement ahead.
R:R at 1.9 (TP1) and 3.4 (TP2).
I'll aim for 61.8 fib level first. Let's roll.
Comment:
Do note that French elections are still ongoing, trade with caution.
Comment:
If traders had long at the start of May, trade is probably running at 300 pips now.
Let's see how long this rally might actually go =)
Let's see how long this rally might actually go =)
Comment:
800 pips running so far.