We are looking at a bearish butterfly pattern to complete on gold . This trade will be reliant upon a false breakout for gold in order to succeed.
The current price point of around 1240 has been respected over the last month, and yet fails to be broken just yet.
This gives a high probability that price will reverse
TP and SL ratios in accorance with regular butterfly rules
If you want to learn the trades and how to execute
patreon.com/indigotradinggroup
Thanks and good luck <3
The current price point of around 1240 has been respected over the last month, and yet fails to be broken just yet.
This gives a high probability that price will reverse
TP and SL ratios in accorance with regular butterfly rules
If you want to learn the trades and how to execute
patreon.com/indigotradinggroup
Thanks and good luck <3
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.