LittleBanii

EURCHF-Short. Butterfly pattern on 1 Hour.

Short
LittleBanii Updated   
OANDA:EURCHF   Euro / Swiss Franc
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.
Comment:
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:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.