Reason to entry:
-Butterfly Pattern
-1618 completion at strong structure lvl
-fib confluence at 1618 completion
-near RSI overbought
-in downtrend pullback
Entry:
-127.2% Butterfly’s completion
-161.8% Butterfly’s completion
Exit:
-38.2% retracement
-61.8% retracement
Void if:
-Failed pattern
Remember that market always right!
Manage your trade well!
-Butterfly Pattern
-1618 completion at strong structure lvl
-fib confluence at 1618 completion
-near RSI overbought
-in downtrend pullback
Entry:
-127.2% Butterfly’s completion
-161.8% Butterfly’s completion
Exit:
-38.2% retracement
-61.8% retracement
Void if:
-Failed pattern
Remember that market always right!
Manage your trade well!
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.