HamzaLeith
Short

EURUSDpotential bearish BUTTERFLY

FX:EURUSD   Euro Fx/U.S. Dollar
102 10 2
Fibonacci confluence of the 1.27 XA extension and 2.24 BC             . I Think price will reach the 1.40 area before taking a trip south.
Hopefully it will, i don't trade this pattern but i would love to learn it.
There aren't any videos out there, what a shame...
Same for the bat and cypher pattern...

Happy Trading
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Butterfly pattern:

https://www.youtube.com/watch?v=TRpH7OYZMnU


I don't trade the butterfly neither due to stop placement. However in this case combined with the previous structure information I think it will be very valid. Good luck !!
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thanks mate, good luck to you !
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Cypher pattern:

https://www.youtube.com/watch?v=DqqLDin6UTY
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Bat pattern:

https://www.youtube.com/watch?v=gObcQ8ABucw
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thanks, that's quick and easy when you use the pattern tool (XABCD tool).
Since now i only used fibs
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Man......so closeeeeee that It hurts
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wait the right time, be disciplined and you will be rewarded
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Thank you for the good advice buddy. I actually discovered that the pattern DID complete, the problem was that my initial impulse leg was wrong. I found a great way to improve my patterns which you may also find interessting. If you use HEIKEN ASHI bars and lets say you have identified the pattern on a daily chart, then you go to the 3 hrs chart and identify the correct impulse legs (fist candle with opposing colour, which is X) there then you will have the correct XA leg. This is not the first that I have found myself few pips short of entering, so I hope this will make a different in the future. Cheers
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