TradingView
Teuwie1
13 jan 2022 06:08

Bearish Butterfly on $GBPSD H4 and D1 Kort

British Pound/US DollarSaxo

Beskrivning

Cable has reached its weekly range high and formed a bearish butterfly pattern on the H4 and D1 charts. However, it did not enter the supply zone yet. Price could fall from here first to 1.36364 first (the point where it went aggressively up and need to be consumed), then goes to the supply zone. From there to the final target of 1.33743.
Kommentarer
initialjie
bear trap,don't sell strong gbp
Teuwie1
Final target reached
Teuwie1
We have reached a demand zone on H4 and I took half of the position out at 1.3445 (282 pips). The stop is moved to 1.35652
Mer