Long

Extended Butterfly on CAD/CHF

Updated

Hi guys , i noticed this pattern forming around CAD/CHF
As i believe , it will reverse around the numbers i mentioned in chart.
Note: It may start reversal sooner , i'll post updates.
Goodluck!

Trade active

The price seems to have reversed , i enter a buy position npersonally , keeping sl under 0.738 and aiming for 0.757 as first target.
Note: The pattern didnt complete as expected.

Trade closed: stop reached

Trade active

WIth this Daily inside bar i re-entered the trade , aiming for tp1 until a pullback is visible then close trade and wait the other reverse sign to re-enter around the blue rectangle.
Goodluck!

Note

Nice rally , TP1 should be reached soon considering the same market conditions.

Note

Please pay attention to these levels , there are significant tructures where you shall set sl and tp target , goodluck

Trade closed: target reached

TP1 was hit , and almost tp2 currently , i'm closing it on this high.

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crikz

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