Bearish butterfly in eurusd

Updated
targets: 1200 and 1170
Sl: 1245 Sell: 1225-1215
Trade active
It is formed close to top of channel and 1250-1265 resistance cluster area.
Note that an alternative formatof this pattern can be formed at 1240 ( less probable) that is another sell point if chart goes up there.
Trade active
pullback to 1218 is a sell chance before final collapse!
Trade active
First target reached.
current ratio: 1185
less risky people can set their 2th target at 1180 instead of 1175
Harmonic PatternsTrend Analysis

Disclaimer