USD/CHF: Possible bearish butterfly near completion

FX:USDCHF   U.S. Dollar / Swiss Franc
171 2 4
Price is already in the PRZ, no clear reversal signs yet.
1.27 XA is however the most important factor for a butterfly pattern and this is yet to be reached.

I am setting my orders now. Short just below that 1.27 level, SL above 1.0500 round number but tighter is possible, say 1.0460 if clear signs of reversal appear at the 1.27 XA ext. level.

Comment: Orders cancelled, short from 1.0280, SL at 1.0360, trailing to BE soon... >> new idea here:
Trade closed manually: See new idea shown above
nice chart,thanks for your sharing, i have a same view like this:
KVE Dem0n
Thanks for sharing your view also! Down correction to the trendline before resuming the uptrend sounds good to me! Might have to look closer at my down trendline and adjust my TP's accordingly though...
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