Gmanns777

TNB: Butterfly with 5:1 risk to reward setting up :)

Long
BITFINEX:TNBUSD   Time New Bank / Dollar
in this TNBUSD video I discuss what looks to be a really nice Butterfly which is setting up. A & B have formed up nicely and it appears now that we are getting close to C forming up too. Once that happens its possible to enter a long to trade the CD leg. In this particular case if my stop is in the most conservative place (below A) I still have a risk to reward of 5:1 which is very healthy.

This one looks gooooooood :D

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out