EURUSD. Bearish Butterfly about to complete

A short-term trade on EURUSD is about to be triggered: bearish Butterfly pattern should complete around 1.0742 value and give a place to a correction after a good bullish impulse. Notice also a potential bearish divergence on 4H timeframe.

Will open a short position at 1.0742,
SL: 1.0822
TP1: 1.0588
TP2: 1.0497

Trade ist aktiv:

Short position opened

Kommentar:

Went a little bit higher than expected as one more Butterfly pattern is forming. Will add shorts at 1.08

Kommentar:

Short position now profitable. Moved it to breakeven and will add more if we end up retracing to 1.0715 - 1.0720 tomorrow

Kommentar:

Getting back to 1.08. Still looking for shorts

Kommentar:

Closed some shorts. I would like to see more down

Trade geschlossen: Ziel wurde erreicht:

Sorry for not updating this. Closed at 1.0529 on TP order