The pair has broken the and then has consolidated retesting it, so the entry level is right about now.
ENTRY LEVEL: 0.926
R/R: 1/80 (not kidding, but in the long term)
Trade with care.
I will post bigger picture and Risk reward ration in an update, in a few minutes.
Please like if you think my ideas can help you in your trading.
I also put the stop above last high (daily close), which seems a bit more serious.
R/R to first target is 1/18 ! Don't miss this one!
Please like, if you think that my ideas contribute in some way to your trading knowledge. Trade with care.
Here are entry, stop loss, and target levels:
EL: 0.926 - 0.927
TARGET 1: 0.872
TARGET 2: 0.847
Thank you for viewing
Can sell again now, on the completion of this bearish butterfly pattern on the 1Hr. chart