Alright everyone hope you are all well. Here we have EUR/USD on the 4hr chart with a valid bearish butterfly.
Great opportunity with over 1:3 risk to reward.
The measurements for a valid butterfly are detailed below.
B: 0.786
C: 0.386-0.886
D: 1.618-2.24
Final X to D 1.272
Great one to watch over the next little while.
Great opportunity with over 1:3 risk to reward.
The measurements for a valid butterfly are detailed below.
B: 0.786
C: 0.386-0.886
D: 1.618-2.24
Final X to D 1.272
Great one to watch over the next little while.
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.