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TRXUSD Tron/Dollar Bullish Butterfly and Trendline Breakout

TRXUSD Tron/Dollar Bullish Butterfly and Trendline Breakout

Description: TRXUSD completed Bullish Butterfly pattern on the H4 Chart. The pair made a bullish attempt and pulled back. It is printed a triangle pattern. Potential bullish continuation at the breakout of the triangle.

Trade Period: Intraday Trading / Midterm Tradeing

Pair / Instrument: TRXUSD

Time Frame: H4

The trend in the Timeframe: Bearish

The trend in the Daily Chart: Bearish

Trade Based On: Bullish Butterfly / Triangle Pattern

Accuracy: %93

Recommended Lot Size: 

Trade: Long

The Area Of The Entry: 0.019203

Stop Loss: 0.018000

Target 1: 0.002000

Target 2: 0.002670

Target 3:

You can view the setup : TRXUSD BUTTERFLY

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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.You can contact us via Skype User Name: ChartreaderproDISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money

Tron TRXUSD Butterfly 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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