Hi, Mili. What do you mean "How can we create the butterfly pattern in MT4 platform"? It does not depend on any platform. You do not need to use any specific tools or indicators for that. Just Fib expansion ratios... MT4 does have that.Hi Sive
Is this behaviour of EUR/USD normal for a butterfly pattern? How can we create the butterfly pattern in MT4 platform?
Well, in one word, my long term target is 1500. This is a quarterly 1.618 expansion. But currently Gold is overbought at monthly and weekly time frames and has reached significant logical profit objectives. I expect retracement at least to 1250 per oz., before it will continue further move up.Hi Sive,
as u said long before gold reached the target 1380 and could u tell what will be likely to happen next?
Kindly update weekly gold targets if u have time it will be helpfull for our army
This is possible, but currently I do not see any solid "sell" singal on low time frames. Besides, I think that Cable should go higher. It means that EUR can't go absolutely in other direction. Besides, 2 of November is FOMC Meeting, so week can be very volatile, and we can see upper break out of the diamond and then move to the downside. In one word, we need something more then just a diamond pattern. IT's not sufficient for context.Need Some Help and Advice Here Sive Sir :unhappy: