gbpusd POSSIBLE BUTTERFLY Short

British Pound/U.S. DollarFXCM

Description

⋅ Oct 25, 2016 5:42 PM

POSSIBLE Butterfly pattern
WHICH WILL CONFIRM SELL ZONE OF MA 21
ALSO RESIATNCE
Will C
we have XA
WE have AB lets C if we will have BC
IF SO, I AM GONNA DAY TRADE THIS BUTTERFLY FROM
C TO D

Comment

⋅ Oct 25, 2016 8:19 PM

I forgot to add that in H4 C is the 50% of the pin bar
ha

Comment

⋅ Oct 25, 2016 9:34 PM

JUST A NOTE IF "C" IN THIS BUTTERFLY PATTERN GET FILLED CD LEG CAN BE AS HIGH AS FIB 1.618 i FORGOT TO MENTION THAT.
i DIDNT BECAUSE 1.271 DUE TO LEVEL OF MAJOR RESISTANCE IS MORE LIKELY BE THE AREA FOR REVERSAL.

Comment

⋅ Oct 26, 2016 1:13 AM

LOOKS LIKE ITS HAPPENING

Comment

⋅ Oct 26, 2016 4:14 PM

STILL VALID

Comments

Sami788

⋅ Oct 26, 2016 1:54 AM

pips on the way, nice chart

KathysTheStockGal

⋅ Oct 26, 2016 3:38 AM

RrrussT1

⋅ Oct 25, 2016 6:31 PM

I really like your view! I'll try to be patient about waiting for a rea lowhere, & then going long. Thank you...RJ

KathysTheStockGal

⋅ Oct 25, 2016 8:16 PM

Thank you. and YW

ruselforex

⋅ Oct 25, 2016 5:47 PM

Let's see how it works.

KathysTheStockGal

⋅ Oct 25, 2016 8:11 PM

It would be a nice CD to D bunch of pips there then a gravy move down