tigo2020

EURUSD - Possible Bullish Butterfly Pattern

Long
FX:EURUSD   Euro / U.S. Dollar
763 views
10
EURUSD Daily Time Frame
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Possible Bullish Butterfly Pattern at a Major Daily Support Area .
Looking for Bullish Candle Stick formations around the green zone.
Looking for Bullish Divergence on H4 & H1 around the green zone.

Targets are 1.078 & 1.114 in case a long trade is open.

Two Long trades - Same Size
1. Long trade (1) - TP @ 1.078 SL below 1.0420
2. Long trade (2) - TP @ 1.114 Same SL initially then move to Breakeven once TP1 is hit.

Comments

Isn't butterfly supposed to have its C point in 78.6% of XA? :-)
+1 Reply
Genius Level Nimer, lol :-) Hope you are well!
Reply
Very nice setup sir, thanks
Reply
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