Bat inclined for long on butterfly short
With 2 bearish completed patterns on EURUSD and PA moving towards a bullish pattern, expected bullish PA on USDCHF. The bat inclined in the bearish butterfly suggest rising PA to 894 res. area where the bearish butterfly should take over and press the PA down.
Similar, the EURUSD should ret. lower and shot up. Observing the behavior on these 2 negative correlated pairs gives opposite trading opportunities. Long USDCHF = Short EURUSD and vice verse.
Similar, the EURUSD should ret. lower and shot up. Observing the behavior on these 2 negative correlated pairs gives opposite trading opportunities. Long USDCHF = Short EURUSD and vice verse.