Dany_1990

Double Top with Bearish Divergence (Back To Back Swing Trade)

FX:USDCHF   U.S. Dollar / Swiss Franc
Double top formed at 1.236 Extension of AB, Previous resistance should become support between 0.96802 - 0.97191 which is 50% to 61.8 % of CD leg. If i get stopped out, I will buy @ 0.9472 ( Cypher Pattern )

There is a possible butterfly pattern . Post the chart @ comment box if you find.

Happy Holidays!
Bel-Air Trades.

Comments

Not the most ideal butterfly, but see if you are referring to this:

There is some minor structure confluence at the completion zone, and the added probability would be the direction of the trade is with the upward trend.
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Dany_1990 KarYong
+1 Reply
KarYong Dany_1990
oh haha that's still in a very early stage of development.
+1 Reply
Dany_1990 KarYong
I know, Thats why i did't post yet. lets see the price action (POSSIBLE)
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