Nico.Muselle

POTENTIAL BUTTERFLY PATTERN ON GBPUSD 4H CHART

Pembelian
FX:GBPUSD   Pound Inggris / Dollar AS
In my trading course (which I would highly recommend) we were talking about advanced patterns today, so I went out on the chart and tried to find and recognize some.
My first butterfly patterns I discovered on the GBPUSD hourly and 4 hr chart. I drew it in on the 4h chart because it's just less messy.

What we have here is a butterfly pattern where the 1.272 fib extension of the X to A leg, the 1.618 extension of the inverted A-B leg and the potential second leg of the harmonic move (C-D) all line up at the previous structure low (which also happens to be a nice round number)

It might of course be a coincidence, but I am keeping my eye on this for an opportunity to go long around this level.

Check out my FREE indicator scripts:
www.tradingview.com/u/Nico.Muselle/

Twitter: twitter.com/NicoMuselle
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.