Tradesy1

Bullish Butterfly Pattern (Daily)

Long
FX:EURUSD   Euro / U.S. Dollar
The Bulls have an opportunity to regain control from the Bears. Having entered on the right shoulder of the Bearish H&S pattern back on October 21st, the Bears have not quite hit their first target for the pattern.

The initial harmonic reaction to the Bullish Butterfly entry is a good sign for the Bulls, I would expect a retest of the entry before a further attempt to continue the Bullish move.
Comment: TP2 Reached, 50% of remaining long position closed.
Comment:
Subscribe to the links below for video tutorials on trading the Forex, Cryptocurrency and Stock markets:

Telegram: - http://t.me/tradesy

Twitter: - @TradesyC

Youtube: - https://www.youtube.com/channel/UCXREo23D0BbZpqWfCTIR7Pg

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out