Silas Finch
Short

Potential Bearish Butterfly Pattern

FX:GBPCHF   British Pound/Swiss Franc
91 0 0
There are many ways to play out a butterfly pattern , but I stuck strictly with the rules of the pattern for the best probability. Scott Carney says that the most critical number is the 1.27 of the XA leg extension. So that's where I placed my entry and I put my stops above previous structure.
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