Hello all - DuncanForex here with another trade idea
With USD seeing short term strength on Forex pairs (not metals)
On the 5 minute chart - it has just completed a butterfly pattern and therefore the trade is live
I am looking for a 5 to 1 with a wide stop and 10 to 1 with a tight stop on the 5 minute chart.
On the 4 hour chart - it printed an bullish engulfing candle on the 24th Oct indicating a reversal is imminent.
Thanks for looking a the trade idea.
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Safe trading
Duncan