fatbeetrader
Long

$EURUSD - #FOREX - Bullish Butterfly H4

FX:EURUSD   Euro Fx/U.S. Dollar
1090 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
possible entry point approaching
Reply
this is not a pattern :D
Reply
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
Reply
just don't try to trade butterflies. And again this was not a valid pattern. You must have the exact fib levels..
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out