One of my favourite Harmonics Pattern other then the Bat Pattern. I actually took the Bat short last month at completion zone (about 1.1467) for this pair and now Butterfly is presenting another trading opportunity. That is why Harmonics Pattern is so powerful and easy to identify, perfect more traders who are newer to the scene.
Look out for price if it goes lower to the 1.1219 - 1.1239 area where it is supported by the previous low and buyers' area.
I am looking to place a pending order due to my trading style (I love to Set & Forget ^^). For more conservative and active traders, you might want to look out for reversal candles once price reaches the buy area and a confirmation signal/candle before making a move.
Do like and share this post. Follow me if my trading style suits you as I will be updating on a more regular basis.
We are a community committed to empower individuals to trade profitably and independently in the Forex Market. This is our latest Trade Ideas results for October. Subscribe to us and receive updates on more upcoming trades.
http://forex100academy.com/tradeideas-oct2018/
Look out for price if it goes lower to the 1.1219 - 1.1239 area where it is supported by the previous low and buyers' area.
I am looking to place a pending order due to my trading style (I love to Set & Forget ^^). For more conservative and active traders, you might want to look out for reversal candles once price reaches the buy area and a confirmation signal/candle before making a move.
Do like and share this post. Follow me if my trading style suits you as I will be updating on a more regular basis.
We are a community committed to empower individuals to trade profitably and independently in the Forex Market. This is our latest Trade Ideas results for October. Subscribe to us and receive updates on more upcoming trades.
http://forex100academy.com/tradeideas-oct2018/
Order cancelled:
Trade setup cancelled because Butterfly pattern becomes invalid.
