Greetings fellow traders, today we are analyzing the EUR/USD 4hr chart, looking at a potential Bullish Butterfly Pattern.
The pattern is in the process of completing the C to D leg. There is a possible 1:3.5 risk to reward, with a max of 1:5.
The measurements for a butterfly pattern are detailed below:
B: 0.786
C: 0.386 - 0.886
D: 1.618 - 2.240
X to D: 1.272
Will be looking to enter this trade with some more confirmations after the pattern is completed.
Please share your thoughts!
The pattern is in the process of completing the C to D leg. There is a possible 1:3.5 risk to reward, with a max of 1:5.
The measurements for a butterfly pattern are detailed below:
B: 0.786
C: 0.386 - 0.886
D: 1.618 - 2.240
X to D: 1.272
Will be looking to enter this trade with some more confirmations after the pattern is completed.
Please share your thoughts!
註釋
Keep watch on this pair, the C to D leg is almost complete!
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。