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Night_Trader
Sep 2, 2014 12:53 PM
$EUR.USD Butterfly pattern completion at support.
Long
FX:EURUSD
1D
Euro Fx/U.S. Dollar
FXCM
Description
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Sep 2, 2014 12:53 PM
Butterfly pattern corresponds with previous low and with 1.272 extension of AB=CD. Three reasons for at least a bounce back from here.
Comments
AnthonyLi
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Sep 2, 2014 2:46 PM
Do you have Macro evidence to support a bounce back?
m4nti
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Sep 2, 2014 5:04 PM
There's also an S1 fib pivot level and a LL vs HL bullish divergence on stoch.
Looks pretty good to me.
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