Bearish Butterfly Short

British Pound/U.S. DollarFXCM

Description

⋅ Oct 9, 2018 5:44 PM

Wait for entry reason within the red box. Stops ATR based. Take profits at .382 & .618 A-D leg

⋅ Oct 10, 2018 8:19 AM

Fibs stretched to price extreme. .382 now correlates with X point resistance

⋅ Oct 10, 2018 2:43 PM

⋅ Oct 10, 2018 2:43 PM

Exceeded entry level