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Cryptsyxalt
Dec 1, 2020 3:29 PM

Bearish Butterfly (1H) Short

Euro Fx/U.S. DollarFXCM

Description

Adding Confluence to the Deep Crab on the 4H, this Butterfly entry meets in the same area as the TP2 for the Daily Bullish Butterfly shown below.


Comment

shown are the standard TP's, I use 2R and 4R as TP1 and 2 respectively, as shown in the chart below ...

Comment

Comment

It may seem strange to mention but it does concern me slightly that everything is lining up so perfectly.
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