September 1, 2010

Eur/usd Butterfly?

Hi everybody! Last night we draw this pattern, and today we think we have found a possible Butterfly pattern in this chart. Eur/usd 1h.
At this time we need to wait for the formation of point D. And our idea about gartley pattern on daily chart still valid. Of course, if point D not forms, the pattern be negate, and that is ok for me. The C-D leg can extend to 1.618 harmonic number and still valid. So, wait for the formation of point D. Happy Trading!

No comments:

Post a Comment