Adaptation on a BUTTERFLY Harmonic
Updated
This is my adaptation on a Butterfly harmonic and where i expect it to reach. I am currently waiting for a completion of the D point which should show a reversal candle or pattern, once it hit a level which i allow (marked by gray boxes). once there is a reversal pattern/candle in one of these zones i will look to sell and set SL & TP targets. SL will be 20 pips below D point due to passed trade where a tighter stop loss was taken out before true reversal. the range i normally use is 5 to 20 pips. TP are marked green. TP 1 will be what i aim for, if TP1 is overtaken straight away with the reversal i will go for TP2
Side Note - this pair has been great with giving me set ups and reaching TP's
Side Note - this pair has been great with giving me set ups and reaching TP's
Order cancelled
Level went to far and as it is not part of my strategy this trade will not happen
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