Butterfly on a Daily triangle

By iznogood
Updated
SL 53.00 risk 1%
Entry at 52.00
Trade active
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SL moved at BE (52.00)
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...next short-term potential target:
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SL at 50.75, 125 pip locked, a small win at the moment!
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SL reached. profit 1.25%
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Wolfe wave at 60'
I'm waiting for a break below 2-4 TL for sell confirmation.
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Probable bearish setup, WW po5" with ab=cd, fib's confluence.
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price broke below 2-4 Wolfe Wave TL
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Trade active
Target: open
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Trade closed: stop reached
The upside move was impressive...!
0.5% loss
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ButterflyTriangle
iznogood

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