USDCHF Bearish Butterfly in Formation | 24 April

USDCHF has seen a bearish butterfly in formation but the point D needs a few days to reach. Despite that, we also noticed USDCHF on bullish trend according to Ichimoku , MACD and EMA (34), so a buy trade could be done before the point D is finally formed. If price could reach to D, we could start a short trade then !

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Trade closed: stop reached:

Unfortunately price didn’t move as expected !