EURUSD - Butterfly Pattern Completed on Daily Chart

١٦ يناير ٢٠١٨

A bearish butterfly pattern has completed with RSI at overbought level.
Current daily candle and RSI are dropping at the moment.
Good to short using H4 chart or wait till tomorrow.

Note that this is a counter-trend trade, do trade with caution.

R:R at 2.85, not looking at TP2 as it's counter-trend.

Good luck.

١٦ يناير ٢٠١٨

ملاحظة

Entering after the circled candle would be ideal, though a little late now.
Suggest to wait for pullback.

١٧ يناير ٢٠١٨

تم حذف الأمر

No retracement after pullback, decided not to take the trade.