TraderFX1980

EURUSD Bull Butterfly 4Hr

Long
TraderFX1980 Updated   
OANDA:EURUSD   Euro / U.S. Dollar
It appears we have some confluence in the 1.0372-1.0352 area. A 50% retracement of A-B would correspond to a 2.0 Fibonacci reciprocal. We also have a bull butterfly pattern that completes in the same area. I will be looking for a long opportunity in this area. Of course, pay attention to price action as it nears this area.
Comment:
Trade still valid
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.