Commencez
HayatoDragonFX

EURUSD, 4 hour timeframe, Bearish butterfly pattern on play

Short
Euro / Dollar Américain (FX:EURUSD)  
HayatoDragonFX  
FX:EURUSD   Euro / Dollar Américain
Trend Analysis Harmonic Patterns Technical Indicators EURUSD eurusdshort eurusdforecast Bearish Patterns Bearish Butterfly eurusdsell eurusdprediction
15
2
trendanalysis harmonicpatterns indicator eurusd eurusdshort eurusdforecast bearish bearishbutterfly eurusdsell eurusdprediction
We could see price has been moving sideways for some time for EURUSD.


In my opinion there is a bearish butterfly pattern forming now and price pretty much exhausted.
There is a resistance at 1.1450 and price failed to break above it cleanly. At the same time, a bearish divergence can be spotted on stochastic so i am going to sell EURUSD from this point.

Sell EURUSD 1.1425
Stop loss 1.1470
Take profit 1 @ 1.1365
Take profit 2 @1.1300

good luck
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.