TradingView
JasonSong
Jan 21, 2016 1:49 AM

EURUSD DAILY BUTTERFLY FORMING Short

Euro Fx/U.S. DollarFXCM

Description

FROM THE DAILY CHART, WE CAN SEE A BUTTERFLY FORMING, WHICH PRZ IS EXACTLY THE HISTORICAL STRUCTURE. SO THE 1.104-1.107 AREA MAY PROVIDE A GOOD OPPORTUNITY FOR SHORT, OR,

IT MAY ALSO DROP NOW WITHOUT TOUCING THE "ENTRY AREA" AS SHOWN ON MY CHART.

THE THREE TPS ARE 1.093/1.084/1.071, WHICH ARE POTENTIAL R/S.

IT WILL TAKE SOME TIME, SO BETTER WAT N SEE.
More