i actually saw this trade some days ago and traded it to go down to touch the butterfly point. now as my usual thing to do, i do protect my profits though at times it bites me hard making me profit little but it is my strategy as i prefer to profit rather than loosing if even it is small, and at times i get it fuller, i protected it to see if it could go a little deeper to touch the horizontal lower trend line i drew in red color, and it went some good pips down which i went for 500 pips added to the 2000 pips i placed initial stop loss at. good trade.
i wana see this trade reverse for the next week upward and start flying with the butterfly into the sky.
good entry
good risk to reward
good luck
Komen
ForceFollower
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I'm still bearish about this currency pair.
chrystael
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Be careful. Try to protect your profits so that when the new week starts, it wont kick you off and take back what you had gotten.
My current trade setup shows it is likely to go the other way.