fibochenko

Bearish butterfly in eurusd

Short
fibochenko Updated   
FX_IDC:EURUSD   Euro / U.S. Dollar
targets: 1200 and 1170
Sl: 1245 Sell: 1225-1215
Trade active:
It is formed close to top of channel and 1250-1265 resistance cluster area.
Note that an alternative formatof this pattern can be formed at 1240 ( less probable) that is another sell point if chart goes up there.
Trade active:
pullback to 1218 is a sell chance before final collapse!
Trade active:
First target reached.
current ratio: 1185
less risky people can set their 2th target at 1180 instead of 1175
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