Classic Butterfly SELL Pattern in GOLD. I would wait for an entry confirmation inside the highlighted zone before entering the trade.
Price is at a significant level of structure. So most probably market will make a retracement to the downside before breaking structure
to the upside. Therefore it is highly possible that market might at least reach one of these profit objectives before making any further movements.
Reward/Risk = 4.4
Profit Potential = 700 Pips
Maximum Risk = 166 (Risk can be reduced after getting the entry confirmation of the trade)
Note: This is merely a trading idea of mine and should not be considered as any kind of trading signal or advice.
Price is at a significant level of structure. So most probably market will make a retracement to the downside before breaking structure
to the upside. Therefore it is highly possible that market might at least reach one of these profit objectives before making any further movements.
Reward/Risk = 4.4
Profit Potential = 700 Pips
Maximum Risk = 166 (Risk can be reduced after getting the entry confirmation of the trade)
Note: This is merely a trading idea of mine and should not be considered as any kind of trading signal or advice.
订单已取消
Price pushed too high and butterfly pattern violated. Trade no longer available.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。