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Kylan_Laymance

Butterfly Pattern, Usd/Chf , 30 min

Long
U.S. Dollar / Swiss Franc (FX:USDCHF)  
Kylan_Laymance  
FX:USDCHF   U.S. Dollar / Swiss Franc
USD chf LONG short hedgeing limit loss limitloss success harmoics linear regression standard deviation priceaction trading daytrading
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usd chf long short hedgeing limit loss limitloss success harmoics linear regression standard deviation priceaction trading daytrading
This is my trade hedging for the NZD/ USD trade, although this trade appears to be a bit stronger, being that the butterfly pattern completed in both negative deviations. So if this market respects the pattern , we should see a rally to the 1.618 extension of the BC leg.

Limit is the 1.618 extension of BC
Entry is the Point B of the butterfly pattern
Stop is at point X of the butterfly pattern

Thanks for checking this out , please like comment and follow.

Thanks again , Good trading
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