That being the case I zoom into a smaller which is setting up. I will look to short at D with my stop above X and then hold the position down to C (May central & / or weekly from 3 weeks ago) of the bigger pattern ( ) at which point I will take profit and look for an entry to trade the C D leg.
Lets see how things work out :)
1. May monthly central pivot
2. weekly central pivot of 3 weeks ago
I will update once I think C of the bigger Butterfly pattern has formed.
that could have been C in the larger Butterfly, if so I missed the entry. I will wait to see if price gets back to around this weeks S1 level before considering getting long.