Within the demand zone of this 'endless' ranging on GBPJPY has this beautify setup of the bullish butterfly(cyan) on the 4-hourly chart and a bullish crab(red) BC leg of the bullish butterfly appears on the 1-hourly chart. I will engage the trade based on the bullish butterfly entry and stops(with my filter).
The interesting part of this setup is the set happens within the demand zone. That gives a very good setup for a buying opportunity and trade extension of this setup.
The interesting part of this setup is the set happens within the demand zone. That gives a very good setup for a buying opportunity and trade extension of this setup.
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🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
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.