AUDCHF Hourly Butterfly

2 thg 3, 2019

This chart has a really good divergence, shown by the purple lines. Targets 1 - 3 are the green lines 0.382, 0.618 , and 1.00. Stop loss is the red line. The price reversal zone or PRZ is the blue rectangle. Wait and watch price action in the PRZ and if there is a clear reversal in the PRZ then go long and the three green lines as target. Often it never hits the 1.00 so use your best judgement.

I spend hours daily finding tradable Harmonic Patterns and I post them to here because I want my work to help more than just myself. IF you like this then thumbs up it and follow me. When I am thinking about it I'll be posting all of my findings to tradingview.com.