Following a drop pair is forming bear flag (on daily), with this nice potential bearish butterfly inside the bear flag, completing right at the resistance of the flag. If this works out then it could also be a nice level for trend following entry, with extended targets near most recent low. My entry technique for this pattern will be sell order 2 pips below the completion of the pattern as butterfly has proven it self to be a very distinct pattern and most of the time show a sharp decline following the completion.
Good luck and trade your plan!!!
Good luck and trade your plan!!!