Fxprotrader

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

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.
It's a shame you are not in, but we might get new opportunities soon...
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No problem mate.. If that's the way i planned this setup the result is a cancelled order.. And yes we might indetify new opportunities..
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