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dojitrader
Jun 25, 2014 8:53 PM

Butterfly Inside a Butterfly  Short

Euro Fx/U.S. DollarFXCM

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Which one is the one or maybe try both ?
1.618 fib ext A to B confluence is good on both ~~~~
The harmonics area little better on the Green
and the entry is slightly above the .382 daily fib @ 1.3690
Resistance levels meet with both point D's ~~~~
Still the fib confluence on the blue should at least create a reaction,
so, thinking I"ll play the blue with tight stops for an immediate rejection
and give the green a little more room should price get there.
The UsdChf gives a inverse confirmation on the smaller blue,
but not the larger green, huh ! Is that some kind of clue ?
so,
My rules say take'em both with tight risk management.
Maybe it's time for a couple of days off !
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