DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
SPDR S&P 500, CHESAPEAKE ENERGY CORP, BANK OF AMERICA CORP, GENERAL ELECTRIC COMPANY, POWERSHARES QQQ TRUST, SERIES 1, MICRON TECHNOLOGY INC
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Following this pair for quite a while , I think its worth a short
Nice profile on this pair looking at Lower and Higher Timeframes
RSI Oversold , Daily Support .
Advanced Pattern + Structure
Great risk to reward profile .
Considering the price levels and volatility , should work as shown
Have a look at it !!!!!!!!
Not a huge 4 to 1 ot 3 to 1 Risk profile , But Beautiful setup as anyone would like to have if He/She is a trend Continuation Trader .
May be First target a bit high , U may try Fibs ( 38.2) . But Considering the Structure Level , trying to gain max.
Butterfly at some serious structure Level , Most of times butterflies at structure level do wonders .
Beautiful setup forming .
2nd target at previous swing high .
Good risk to reward .
D point should be at 78.6of XA legg nd 127.2 extension of AB leg .
At structure level with fibinacci confluence