Salvi

A good idea

Long
Salvi Updated   
FX:GBPUSD   British Pound / U.S. Dollar
Hi there.
We have a good butterfly pattern in a daily range.
The minor trade have been put into play because of the state of the price in lower timeframes...
As soon as the price fall till our biggest trade, it will be overextended.
Stops loss is really good in both.
Hope the best.
Comment:
Hey!
The bearish trade is not a option I think.

Although the price is in a range, they really want to purchase the highs.
Maybe we have a lot of orders put 'in the sky'.
So buy the dips...

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.