US30 : Butterfly Harmonic Pattern

17 เม.ย. 2023

CURRENCYCOM:US30

As you can see , beautiful , Butterfly harmonic pattern is done

It's a bearish pattern , Market now after completion of D leg , now intent to do a 38.2 % retracement

it's a pattern with 70 % accuracy , market now in overbought position

you can take your short trades and target for 33205 area

Trade properly with risk management , don't try to overtrade or do revenge trade

Patience is key in this field , you should have steel nerves

risk reward ratio 1;2 or 1;3 is ideal in intraday trading