Nice risk reward.
Have a butterfly pattern completing at 1.6802 on cable presenting a nice trading opportunity.
We have a 61.8 fib level and a nice structure level coming together at the butterfly completion.
1st target being at 1.6763.
Second target can be looking for 1.67 even handle. Maybe even 127% extension of the current retracement.
Stops at 1.6833
P.S be aware of employment numbers out today. Ensure stops and at least first targets are loaded.
We have a 61.8 fib level and a nice structure level coming together at the butterfly completion.
1st target being at 1.6763.
Second target can be looking for 1.67 even handle. Maybe even 127% extension of the current retracement.
Stops at 1.6833
P.S be aware of employment numbers out today. Ensure stops and at least first targets are loaded.
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