Fxprotrader

Crude Oil AB=CD Completion - Pending Bullish Butterfly For Entry

Fxprotrader Updated   
FX:USOIL   CFDs on Crude Oil (WTI)
Price has completed a bullish Ab=CD pattern. For a greater risk reward ratio we should wait in order to have the completion of a bullish butterfly pattern which is about to be formed at point D of the larger ABCD pattern.

Stoploss and profit targets are shown in the chart.

Thumb up if you agree :)
Order cancelled:
Although the ABCD is working great till now this setup is no more valid beacause i decided to trade the smaller butterfly which didn't triggered.
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