butterfly pattern on daily chart
there is a good possibility for
D to go to 1.618 (or it could
reverse here) but my
experience with butterfly
pattern been if D passes
1.27 it will go to 1.618.
Trade 1: Long 104.07
T1 to 104.50
T2 105.-105.22 (I suggest trail
stop for Target two Butterfly
pattern can reverse any point
from 1.27-1.618)
Stop lost 103.80
Trade 2 Swing short @ D with
105.20+/-
or any reversal signal close to
1.618
Good Luck all
there is a good possibility for
D to go to 1.618 (or it could
reverse here) but my
experience with butterfly
pattern been if D passes
1.27 it will go to 1.618.
Trade 1: Long 104.07
T1 to 104.50
T2 105.-105.22 (I suggest trail
stop for Target two Butterfly
pattern can reverse any point
from 1.27-1.618)
Stop lost 103.80
Trade 2 Swing short @ D with
105.20+/-
or any reversal signal close to
1.618
Good Luck all