Description
⋅ Alright everyone hope you are all well. Here we have EUR/USD on the 4hr chart with a valid bearish butterfly.
Great opportunity with over 1:3 risk to reward.
The measurements for a valid butterfly are detailed below.
B: 0.786
C: 0.386-0.886
D: 1.618-2.24
Final X to D 1.272
Great one to watch over the next little while.