Euro / Livre Sterling
Short

Harmonic Bearish Butterfly Pattern near Channel Top : Short

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We have butterfly formation on 0.78 retracement zone of previous swing , which also happen to be near top line of channel , which provides confluence of resistances ,

Short towards 0.88 price zone which is 0.38 retracement of current swing up , we will be looking for reversal/continuation pattern near 0.38 retracement in order to short towards 50 % of leg CD or to Long towards 100% of previous swing.

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