EUR/GBP - Bearish Butterfly

١٦ مايو ٢٠١٧

Hi everyone!
EUR/GBP is forming a bearish butterfly on the H4 chart.

Conditions for a valid butterfly pattern are:

• XB: 0.786
  
• AC: 0.382 - 0.886
  
• BD: 1.618 - 2.618
  
• XD: 1.27 - 1.618
  

Take profits are set at 0.382 and 0.886 of AD.
At target 1 half position will be closed and stop loss trailed to breakeven.

Good luck!

٢٣ مايو ٢٠١٧

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