11021992
Long

EURUSD: The best butterfly pattern this year

FX:EURUSD   Euro Fx/U.S. Dollar
Hi all,

On the EURUSD             we can see two patterns forming.
One of them is a bat pattern and one of them is a butterly pattern. Depending on your strategy. If you have a more agressive style, you can enter the bat pattern and have a bigger stop loss.
The butterfly pattern however, is perfect. It has great structure. This low of december 2015. Stop is below this price.

Entry bat: 1.0654
Entry butterfly: 1.058
Stop on both patterns: 1.0577
Target 1 on both patterns: 1.0815
Target 2 on both patterns: 1.1045

Best of luck!
Feel free to send me a private message on Tradingview if you have any questions! :)
11021992 TOP
10 months ago
snapshot


Stop are just below the lowest low about 12 months ago.
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