EnzoDamario

Possible Butterfly forming on GBPUSD

Long
FX:GBPUSD   British Pound / U.S. Dollar
B point is a little bit deeper than .786, but is not enough for a Deep Crab (.886). Moreover, projected D point @ 1.27226 (1.272XA) is just a couple of pips away from Nov 15th retrace @1.27232.

Numbers look like:
Entry: 1.27226
SL: 1.26967
TP1: 1.28010
TP2: 1.28494
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.