A bearish butterfly pattern completed

28 Ağu 2018

A bearish butterfly pattern has completed on Eurgbp. This is a 1:3 or more trade opportunity. I have my pending short order at 0.9055, target at 0.9010 (45 Pips) and SL at 0.9070 (15 Pips). Price is likely going to move lower if it goes as expected. I will cancel this order if price gets higher than 0.9070 before trigger.

28 Ağu 2018

Emir iptal

Price didn't come to the entry but rallied above 0.9070. I have cancelled the pending order.