Short trade on 1 Hour timeframe for EURCHF . Butterfly pattern formed perfectly on 1 hour timeframe. RSI zig zag lowest point is reached and forming another bullish line. RSX reached overbough level and crossed the LSMA going down.
Trade details: Entry at: 1.08050 to 1.08045. We are waiting the break of the yellow rectangle area and/or at orange trend line . TP: TBD SL: TBD
Trade will be at the break up of the yellow rectangle area and/or at orange trend line .. At the moment price still in the indecision.
Note
Sorry, I just realized I published the trade idea using the 4 hours chart, instead of the 1 hour chart. Please see the correct post on:
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