Here we can see a potential bullish butterfly entry.
The key points of the butterfly are ~78.6% B retrace entry.
127.20% XA entry point.
There are multiple different BC projections which are acceptable this being particularly close to the perfect 2.24 at 2.25 of BC.
The right entry should be found on the lower timeframes to use a smaller stop.
The key points of the butterfly are ~78.6% B retrace entry.
127.20% XA entry point.
There are multiple different BC projections which are acceptable this being particularly close to the perfect 2.24 at 2.25 of BC.
The right entry should be found on the lower timeframes to use a smaller stop.
Trade active
Looking good , broke and retested the 127.20 %. Hoping to be able to set SL to entry after around 40 pips.Trade closed: stop reached
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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.