Hello harmonic traders.
It ended up to be very nice Forex butterfly pattern opportunity, but it's also great example to demonstrate the power of DaVinci harmonic indicator. Why? We discussed it in our skype group in details. In short, DaVinci allows to position XABCD points freely (see the chart below), to analyse the possible PRZ clusters.
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| bullish butterfly pattern |
as for the trade itself, trade entry was perfect, trade exit was far too early:
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| bullish butterfly pattern entry & exit |
DaVinci indicator download page:
http://tools.tradingarsenal.com/fibomanager-indicator-download/
Happy trading!
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