1H Butterfly
Hello,
We have a nice looking B.F. Good ratios.
Nice RR. The entry for this is just under structure. This is a good area to put entry.
NOTE:
Don't be surprised if this bounces off the top Red Structure line with a low RSI.
and then spike up. Then traders place a stop just under the Red line. And the pair falls down 15pips below red line,
Stops traders out. and then rallies up nice and long with an RSI Divergence.
Good luck.
We have a nice looking B.F. Good ratios.
Nice RR. The entry for this is just under structure. This is a good area to put entry.
NOTE:
Don't be surprised if this bounces off the top Red Structure line with a low RSI.
and then spike up. Then traders place a stop just under the Red line. And the pair falls down 15pips below red line,
Stops traders out. and then rallies up nice and long with an RSI Divergence.
Good luck.
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