ADABTC 2 x Butterfly completing at 1.618 ext

Update to earlier 2 x butterfly pattern which looked as if it was going to complete at 1.272 ext, it did not and stopped me out. But Im back in the game and ready to take advantage of the next logical place for price to turn higher... that being the 1.618 extension!

Lets see how it goes... ill update once trade is live!

Comment:

ADA has made its way down to the 1-618 ext of the larger Butterfly pattern.

I would wait for a higher low (blue line) to get long, with a stop under previous low. This will give you a healthy R:R.

Comment:

sorry you cannot see price in the above chart. Here is a new one

Comment:

3rd time lucky