BoonHooi

EURUSD - Potential Butterfly Pattern to Short

Short
FX:EURUSD   Euro / U.S. Dollar
Was on my Facebook on this late Sunday morning and saw this discussion between two Harmonic Traders. Great spot guys

Bearish Butterfly Pattern completing around 1.2161. BUt do not that EURUSD has been on a strong uptrend from 1.05 since Mar/April of this year
It will need to range and stabalise before it can make a significant drop.

However us Harmonic pattern traders will be watching this butterfly pattern
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