Euro / British PoundShort
Harmonic Bearish Butterfly Pattern near Channel Top : Short
We have butterfly formation on 0.78 retracement zone of previous swing , which also happen to be near top line of channel , which provides confluence of resistances ,
Short towards 0.88 price zone which is 0.38 retracement of current swing up , we will be looking for reversal/continuation pattern near 0.38 retracement in order to short towards 50 % of leg CD or to Long towards 100% of previous swing.
Follow us for more swing trades.
Short towards 0.88 price zone which is 0.38 retracement of current swing up , we will be looking for reversal/continuation pattern near 0.38 retracement in order to short towards 50 % of leg CD or to Long towards 100% of previous swing.
Follow us for more swing trades.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.