FullTimeTrader
Long

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
snapshot

H4 chart:
snapshot
Regards.
Trade closed: target reached
First target reached and I didn't see this one, too busy with commodities...
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FullTimeTrader Yahia.Awes
Yes, this is one of your prefered setups. Good idea to diversify your portfolio. Regards.
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Love it, your posts are great. Long as well:
snapshot
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FullTimeTrader glennmercer
It seems we have to wait till friday for the NFP news. Sooner or later price should rally. Regards
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ezajaan032 FullTimeTrader
Also waiting for confirmation.. Like your work
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waiting for confirmation...
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like to see a break of the last swing high before entry
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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.
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rlong9500 PRO FullTimeTrader
Understand. I work off HTF charts so my targets are further away so waiting for confirmation works for me. Like your work.
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Heavily oversold, a pullback seems a high probability surely ..
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