BEARISH BUTTERFLY
OK so we have a few options here. I'm currently in a sell here and looking to tp at 1.80700. I'll be watching closely how price reacts at this point to see if it will drop further and close below my C leg. If it does close below, I'll be looking for a sell entry to hold down to 1.7800 which is tp2 (1.27 extension) on the butterfly pattern. Both tp1 and tp2 are possible buy entries for a long term buy up to 1.84 based off of the cypher pattern on the higher timeframe which I will post separately, immediately after this post.
Trade closed: target reached
TP1 was hit!!!Note
TP2 was hit!!!...time to buy..see bullish cypher
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.