Reason to entry:
-Butterfly pattern (as consolidation)
-Oversold RSI
-Strong structure at ~1618
-Fib Confluence (2) at 2 entries
-wait for candle confirmation
Entry:
1272 butterfly or
1618 butterfly or
at resistant area
Exit:
38.2retracement
61.8retracement
Void if:
Failed pattern
Remember that market always right!
Manage your trade well!
-Butterfly pattern (as consolidation)
-Oversold RSI
-Strong structure at ~1618
-Fib Confluence (2) at 2 entries
-wait for candle confirmation
Entry:
1272 butterfly or
1618 butterfly or
at resistant area
Exit:
38.2retracement
61.8retracement
Void if:
Failed pattern
Remember that market always right!
Manage your trade well!
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.