Bullish Butterfly - EURCAD
Updated
Potential bullish butterfly pattern formation on the EURCAD pair about to complete.
All the criteria for a Butterfly Pattern meet for me. Looking to enter at the projected final leg (D) which if we look left also aligns very nicely with a support level from a previous low, in addition there is a bullish divergence on the oscillator.
Have a good week and happy trading - use good RR!
All the criteria for a Butterfly Pattern meet for me. Looking to enter at the projected final leg (D) which if we look left also aligns very nicely with a support level from a previous low, in addition there is a bullish divergence on the oscillator.
Have a good week and happy trading - use good RR!
Trade closed manually
Entry point was just missed short for me, would have been a good one!
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.