UnknownUnicorn1118164

BUTTERFLY BULL | H4| SELL & BUY

Long
FX:GBPCHF   Livre sterling / Franc suisse
GBPCHF
A bigger butterfly pattern on H4 presents a new opportunity for a potential buy in the near future. The "C" point coincides with that of the baby butterfly seating in the same resistance zone on Daily, Weekly and Monthly charts, hence a good confirmation for a short entry. Nonetheless, the official entry point for this pattern is the "D" point - so don't get caught-up in a bloody "C" point trade if you got no balls :)

Cheers and Happy Trading :)

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