GBPUSD-bullish butterfly starting now

FX:GBPUSD   British Pound / U.S. Dollar
1866 28 29
I had no time to post this idea yesterday.
This bullish butterfly is at a key area and could start a needed correction after a strong decline.
D1 chart

H4 chart:
Trade closed: target reached
First target reached and I didn't see this one, too busy with commodities...
FullTimeTrader Yahia.Awes
Yes, this is one of your prefered setups. Good idea to diversify your portfolio. Regards.
Love it, your posts are great. Long as well:
FullTimeTrader glennmercer
It seems we have to wait till friday for the NFP news. Sooner or later price should rally. Regards
ezajaan032 FullTimeTrader
Also waiting for confirmation.. Like your work
waiting for confirmation...
like to see a break of the last swing high before entry
I agree, many traders prefer to wait for a confirmation, thats very valid. I prefer to enter more agresive at the beginning to have a better R/R ratio.
rlong9500 FullTimeTrader
Understand. I work off HTF charts so my targets are further away so waiting for confirmation works for me. Like your work.
Heavily oversold, a pullback seems a high probability surely ..
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out