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tntsunrise
Oct 27, 2015 10:03 AM

USDCHF Two Pattern Point to same level ! Eyes on 1.0 LEVEL Short

U.S. Dollar/Swiss FrancFXCM

Description

Two Pattern Point to the Same Level:
1.0000 !!!!
The Bat completion is at 1.0006
The Butterfly completion is at 1.0001
and We all know that 1.0 LEVEL is very
very very important!
Keep an eye on this level, if we can see
Bearish Price Action and RSI Divergence
SHORT IT!
SL above the High
Comments
rozy11Toro
Thank for your advice!! As good as always. I have a question for you. In a Butterfly pattern, point B doesn't have to be 0.786 of XA leg? It seems to be a little bit above. I am newbie so I don't know if this is a trivial question.
Thanks again man!! Have a nice day :)
farrukhmpm
Thanks for your advice. Can we short it now at market rate
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