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EURUSD Bullish Butterfly And Long Opportunity Update: Targets Reached 65 Pips

EURUSD Bullish Butterfly And Long Opportunity

Published: 08-15-2018

Pair / Instrument: EURUSD

Time Frame: H4

The trend in the Timeframe: BEARISH

The trend in the Daily Chart: BEARISH

Description:  Bullish Butterfly Harmonic Pattern completed at D. Potential shortterm reversal

Trade Based On: Bullish Butterfly

Accuracy: %90

Trade: LONG

Entry: 1.13140

Stop Loss: 1.12900 – 1.12800

Take Profit 1: 1.13350

Take Profit 2: 1.13500

Take profit 3:1.13800

Update: Targets reached and trade closed. 65 Pips

Rules To Keep In Your Mind:  Trade Safe. Money  Management is the key to success in forex trading. Do not risk more than 1% of your account in each trade.

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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money

 

 

Bullish Total 2 Harmonic Pattern: Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility

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