USDCHF (Bearish Butterfly Pattern) -15min Chart
Bearish Butterfly Pattern
- A-B must touch 0.786, but cannot exceed X
- B-C touches 0.382, but sometimes goes further (does not exceed A)
- ABCD formation. D has to reach outside X and touch 1.272 or 1.618 (on this case 1.618)
- TP 0.382 TP2 0.618 (Fibo A-D)
- A-B must touch 0.786, but cannot exceed X
- B-C touches 0.382, but sometimes goes further (does not exceed A)
- ABCD formation. D has to reach outside X and touch 1.272 or 1.618 (on this case 1.618)
- TP 0.382 TP2 0.618 (Fibo A-D)
Trade attivo:
Higher High
Trade chiuso: obiettivo raggiunto
