EURUSD. Bearish Butterfly about to complete
Updated
A short-term trade on EURUSD is about to be triggered: bearish Butterfly pattern should complete around 1.0742 value and give a place to a correction after a good bullish impulse. Notice also a potential bearish divergence on 4H timeframe.
Will open a short position at 1.0742,
SL: 1.0822
TP1: 1.0588
TP2: 1.0497
Will open a short position at 1.0742,
SL: 1.0822
TP1: 1.0588
TP2: 1.0497
Trade active
Short position openedComment
Went a little bit higher than expected as one more Butterfly pattern is forming. Will add shorts at 1.08Comment
Short position now profitable. Moved it to breakeven and will add more if we end up retracing to 1.0715 - 1.0720 tomorrowComment
Getting back to 1.08. Still looking for shortsComment
Closed some shorts. I would like to see more downTrade closed: target reached
Sorry for not updating this. Closed at 1.0529 on TP order
Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!
If there is no strategy that has proven itself successful, please do not trade with real money!
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