fatbeetrader
Long

$EURUSD - #FOREX - Bullish Butterfly H4

FX:EURUSD   Euro Fx/U.S. Dollar
1101 4 1
$EURUSD has developed a bullish butterfly on the H$ and a bullish ABCD on the H1 Chart.
RSI and momentum are not in favor of the trade at the moment but this is one to keep an eye on
this is not a pattern :D
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kgmoney Gramatikov89
the 'butterfly' is pretty loose, but the abcd seems pretty good...1.618 right on the lowest red dashed line right beyond the 1.27. I think I might give it a shot around 1.3160
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just don't try to trade butterflies. And again this was not a valid pattern. You must have the exact fib levels..
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possible entry point approaching
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