EURUSD Trade Option For Long Term Trader

23 apr 2016

For those traders who trade with at least weekly/monthly chart, here is another butterfly pattern for your consideration.

Short now until 1.027 then Go long with the proper price action.

The whole trade may cost around one year time.

14 mag 2016

Nota

Two weeks has passed, seems the trade looks well.

19 mag 2016

Nota

now is 1.11856, around 300 pips wined. actually the drop speed is not as what I expect.

Seems drop too slow. We need to be alert.

22 mag 2016

Nota

Propose to put your SL to your entry point. Next week would become an important week to see if this pattern is still valid or not.

23 mag 2016

Nota

Continue to drop