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tmanuelasorina
Oct 11, 2016 12:27 PM

BEARISH BUTTERFLY COMPLETED Short

USD/CHFOANDA

Description

USD/CHF completed a bearish butterfly pattern
Comments
Lord1
Wait for divergence on 1hr or 4hr?
tmanuelasorina
On 4 hour of course where the pattern is formed
tmanuelasorina
you must have divergence on price and on rsi ,a regular bearish divergence ansd stochastic must leave the overbought zone with a bearish crooss and it must fall below 80 valuye
only then you can enter safe in the trade
Lord1
With bearish cross you mean in the MACD for example?
Lord1
Or Stoch RSI
tmanuelasorina
on stochastic oscillator
Lord1
Appreciate your advice. Thank you
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