On the 4hr Chart, a bearish butterfly has formed. The D leg has completed its extensions. This looks like a good trade to take. Look for bearish evidence before taking this trade. Our targets are the 1.597 and the 1.568 area. Use proper money management. All the best
Note
Target is almost hit...bag your profits
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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.