captain_smollett

EURUSD. Bullish Butterfly pattern forming

FX:EURUSD   Euro / U.S. Dollar
Possible Bullish Butterfly forming near key resistance of 1.1350.

Shorted 1.1350, targeting 1.1230, SL: 1.1370

Entry for a long: 1.1230, TP1: 1.13, TP2: 1.14500
Trade closed manually: There may be another bearish butterfly inside the current pattern. I expect a rebound to 1.3037 and will short again from there.

If there is no rebound, I follow my initial approach taking a log position at 1.1230
Comment: Bullish Butterfly, sorry
Order cancelled: Order cancelled
captain_smollett captain_smollett
If hourly candle closes below 1.1280, this pattern is invalidated
Reply
captain_smollett captain_smollett
Invalidated. Looking for an original target of 1.1230 now
Reply
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