Butterfly harmonic w/ a dragon pattern along a horizontal support and a historical reversal area.
Daily MACD and RSI classic bullish divergence.
Stop = Below reversal area (Look for a close below reversal area).
1st Target = 3/1 R/R
2nd Target = 0.236 fib extension
3rd Target = Resistance / 'B' of butterfly harmonic.
Daily MACD and RSI classic bullish divergence.
Stop = Below reversal area (Look for a close below reversal area).
1st Target = 3/1 R/R
2nd Target = 0.236 fib extension
3rd Target = Resistance / 'B' of butterfly harmonic.
Comment:
failed trade