Night_Trader
Long

Bullish Crab on the 4H chart.

FX:EURUSD   Euro Fx/U.S. Dollar
723 8 1
There is a bullish Crab pattern in the EUR-USD             . Be careful though because the 50% retracement is not very far away and could act as a magnet. Also it corresponds with a 200% extension of AB=CD So one could place either the stops below that price or try to re-enter if stopped out below the last low.
This is Bullish Butterfly, because of 1.27XD... The Crab Pattern have 1.618 XD. However that's not the point, it's only names.Just want to say Very good work!!!!
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Night_Trader PRO steveoliveira
3 years ago
Yes ! You are right ! I was too focused on the Fibs which indicate 1.618 of AB=CD. This is obviously a Butterfly !!
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pradafx Night_Trader
3 years ago
Let's see how this gonna work for us
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Offically stopped out ! :-( ... But... I put my stop below the 200% extension because I was late with my entry and so I am still in the game and look now for T2.
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Night_Trader PRO Night_Trader
3 years ago
T2 hit ! :-)
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well done!
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T3 hit ! :-)
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7777777
3 years ago

I'm impressed! Where to go?
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