EURCHF-Short. Butterfly pattern on 1 Hour. EUR weaker than CHF.
Updated
Short trade on 1 Hour timeframe for EURCHF.
Butterfly pattern formed perfectly on 1 hour timeframe.
Zig zag peak point is reached and forming another bearish line.
RSI reached overbough level and crossed LSMA going down.
Trade details:
Entry at: 1.08050 to 1.08045. I am waiting the break of the yellow rectangle area and/or at orange trend line .
TP: TBD. Maybe 1.07830
SL: TBD. Maybe 1.08320
Trade will be at the break up of the yellow rectangle area and/or at orange trend line .. At the moment price still in the indecision.
Butterfly pattern formed perfectly on 1 hour timeframe.
Zig zag peak point is reached and forming another bearish line.
RSI reached overbough level and crossed LSMA going down.
Trade details:
Entry at: 1.08050 to 1.08045. I am waiting the break of the yellow rectangle area and/or at orange trend line .
TP: TBD. Maybe 1.07830
SL: TBD. Maybe 1.08320
Trade will be at the break up of the yellow rectangle area and/or at orange trend line .. At the moment price still in the indecision.
Trade active
Trade activated and running now.Trade details:
Entry: 1.08045
TP: 1.07830
SL: 1.08350
Good luck.
Note
TP revised into: 1.07850Trade closed: stop reached
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