Double Bearish Harmonic Pattern Gartley & Butterfly

Here we have a correction trend that has a double Harmonic Pattern Formation and the downtrend line waiting to be tested by the price again, so these points gives to us a clear picture of what's going to happen with the Swiss Franc in the next hours.
And something you have to understand here due to these two formations I have to join both the PRZ of the Patterns so I transform it into just one, cuz they're practically in the same place and that gives a unique place where the price can reverse.

So that been said let's check the rules for this edge:
1. Harmonic Pattern Completion (Bearish Gartley@0.786XA & Butterfly@1.272) - Waiting;
2. PRZ Hit - Waiting;
3. PRZ Test - Waiting;
4. Resistance Zone Test - Waiting;
5. Downtrend Test - Waiting;
6. Candlestick Reversal Sign - Waiting;
7. Candlestick Confirmation Sign - Waiting
8. Risk Management - Applied;
9. Risk / Reward - 1/3.


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Pips Hunters Forex