EURCHF-Short. Butterfly pattern on 1 Hour. EUR weaker than CHF.
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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.