What's up everyone, here we have EUR/GBP with a bullish butterfly pattern inside of a bullish AB=CD pattern on the 4h chart.
I'd like to thank my good mate www.tradingview.com/u/KyleMcQuade/ for spotting this setup.
This is an excellent trading opportunity with over 1:4 risk to reward.
The D point of both patterns complete at 0.81500, this has proven to be a crucial turning point in the market.
Time completion of the AB=CD is off but the setup as a whole looks great.
If you want more trading inspiration, follow me on social media :)
I'd like to thank my good mate www.tradingview.com/u/KyleMcQuade/ for spotting this setup.
This is an excellent trading opportunity with over 1:4 risk to reward.
The D point of both patterns complete at 0.81500, this has proven to be a crucial turning point in the market.
Time completion of the AB=CD is off but the setup as a whole looks great.
If you want more trading inspiration, follow me on social media :)
📈 Master the Art and Science of Trading: www.sixfigurecapital.com
