McODAL

Butterfly In Butterfly...

Short
FX:GBPUSD   British Pound / U.S. Dollar
0
Short positions can be taken from this point up to completion of butterfly patterns with a small SL. You can check structural support and resistance levels for a profit take or for small long positions at pattern completion points (1.27, 1.41 and 1.618 points), but my idea (not an advice) is Pound will be short up to big butterfly's completion.

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.