Butterfly Pattern, Usd/Chf , 30 min
This is my trade hedging for the NZD/ USD trade, although this trade appears to be a bit stronger, being that the butterfly pattern completed in both negative deviations. So if this market respects the pattern , we should see a rally to the 1.618 extension of the BC leg.
Limit is the 1.618 extension of BC
Entry is the Point B of the butterfly pattern
Stop is at point X of the butterfly pattern
Thanks for checking this out , please like comment and follow.
Thanks again , Good trading
Limit is the 1.618 extension of BC
Entry is the Point B of the butterfly pattern
Stop is at point X of the butterfly pattern
Thanks for checking this out , please like comment and follow.
Thanks again , Good trading
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.