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Potential Butterfly Pattern Setup
Trade Management
Pattern: Butterfly
Symbol: EURUSD
Date: Monday, 16th of November 2015
Timeframe: 60M
Entry-Point: 1.0681 (Limit Order)
Stoploss: 1.0661
Take-Profit 1: 1.0738
Take-Profit 2: 1.0772
Description: The EURUSD pair stayed in a Range for the last couple of Days. The Minor Support Area at the 1.0673 will be used for our stoploss. The Trading Idea is a high probability trading setup because the completion of Point D falls right into the Minor Support Area. Therefore price is likely to change momentum to the upside.
More Trading Setups at plantotrade.com
Pattern: Butterfly
Symbol: EURUSD
Date: Monday, 16th of November 2015
Timeframe: 60M
Entry-Point: 1.0681 (Limit Order)
Stoploss: 1.0661
Take-Profit 1: 1.0738
Take-Profit 2: 1.0772
Description: The EURUSD pair stayed in a Range for the last couple of Days. The Minor Support Area at the 1.0673 will be used for our stoploss. The Trading Idea is a high probability trading setup because the completion of Point D falls right into the Minor Support Area. Therefore price is likely to change momentum to the upside.
More Trading Setups at plantotrade.com
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