(4h) Bearish Butterfly & Structure Breakout

USDSGD

Example of 1:2 risk/reward at 1st target the 38% from the pattern completion point;

Safe Trades;

Kommentar:

adjusted fibs, at new high, adjusted targets and stops to a 1:1 r/r

That said...

Kommentar:

Testing previous structure,

Kommentar:

1st target

Trade geschlossen: Ziel wurde erreicht:

At 2nd target.
Suggestion: Close position but keep a portion of it;
Adjust the stops above the 1st target, the 38% fib with a trailing stop following the price...