in 1H chart :
Butterfly pattern
Regular divergence
> Buy
Entry : 1282.5
Stop : 1279.7 (30 pips)
TP1 : 1287.0 (45 pips)
TP2 : 1295.0 (125 pips)
in 4H chart :
Regular divergence
Support level at 1282 in 4H chart
Oversold in RSI indicator
[img]
[img]
Butterfly pattern
Regular divergence
> Buy
Entry : 1282.5
Stop : 1279.7 (30 pips)
TP1 : 1287.0 (45 pips)
TP2 : 1295.0 (125 pips)
in 4H chart :
Regular divergence
Support level at 1282 in 4H chart
Oversold in RSI indicator
[img]
Trade closed: target reached
First target reached. profit = 45 pipsOur buy order is near the second target. profit = 100 pips.
we can close this trade or move stop to 1287.5 and move second target to 1298
[img]
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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.