EURUSD - 2 Bearish Butterfly Pattern on H4 ChartYellow Bearish Butterfly Pattern
Has already completed
Session ended with a bearish shooting star candle
RSI is already at overbought level, waiting for bearish divergence
R:R at 1.2 (TP1) and 2.1 (TP2)
Purple Bearish Butterfly Pattern
Might take more time for completion, to keep in view
R:R at 3.3 (TP1) and 5.5 (TP2)
In my opinion, I will focus more on the yellow pattern which has already completed.
Reference to H1 chart, RSI is already showing bearish divergence, which seems to be reacting to the pattern.
