Your capital at risk!
Warning: Your capital at risk!
Your capital at risk
eurusd buy 1hr time frame
We have a nice Bearish Butterfly on the 1 hour chart. Stochastic has approached overbought region. Looking to short this pair to my target area. Also we have a long term resistance zone.
We have a nice Bullish Butterfly setup. After the trend is done retracing im looking to short some more.
Check my other chart where im shorting the USDCAD on the daily chart.
Use risk management.
All the best.
Sorry for the delay on this post. Had to draw up the chart hence. Anyways we do see a nice oppertunity to buy this setup and my stochastic seems to be leaving the oversold region. Also a nice PRZ
Strong resistance zone. PRZ so im looking to sell this pair and the previous top we have divergence.
Lets fill the gap.
Price should be moving up since it bounced off the bottom trendline. Stochastic leaving the oversold area. We still in the correction trend.
Wait for the leg to finish retracing before buying.