captain_smollett

EURUSD. Bearish Butterfly about to complete

Short
FX_IDC:EURUSD   Euro / U.S. Dollar
A short-term trade on EURUSD is about to be triggered: bearish Butterfly pattern should complete around 1.0742 value and give a place to a correction after a good bullish impulse. Notice also a potential bearish divergence on 4H timeframe.

Will open a short position at 1.0742,
SL: 1.0822
TP1: 1.0588
TP2: 1.0497
Trade active:
Short position opened
Comment:
Went a little bit higher than expected as one more Butterfly pattern is forming. Will add shorts at 1.08

Comment:
Short position now profitable. Moved it to breakeven and will add more if we end up retracing to 1.0715 - 1.0720 tomorrow
Comment:
Getting back to 1.08. Still looking for shorts
Comment:
Closed some shorts. I would like to see more down
Trade closed: target reached:
Sorry for not updating this. Closed at 1.0529 on TP order

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