EURGBP Harmonic Butterfly Pattern and Short Trade
Description: Chartraderpro finds a forming Harmonic Bearish Butterfly Pattern on H1 Chart timeframe. Potential bearish reversal is predicted at D.
Trade Period: Intraday
Pair / Instrument: EURGBP
The trend in the Timeframe: Bullish
The trend in the Daily Chart: Bullish
Trade Based On:Harmonic Bearish Butterfly Pattern
Recommended Lot Size: [email protected] 10 K Account with 1:100 Leverage
The Area Of The Entry: 0.88450 – 0.88500
Stop Loss: Above 0.88700
Target 1: 0.88100
Target 2: 1.87700
Target 3: 1.87500
What to Pay Attention:
You can view the setup: EURGBP BEARISH BUTTERFLY
Update: TP3 Reached 100 Pips
Subscribe to our services free of charge
Subscribe to our premium packages if you would like to get 1000+ instruments analysis and trade signals of Chartreadreadepro.
If you find our content useful, you can donate via PayPal.