Bearish Butterfly pattern objective: Short at D
Point B at 78.6% XA
Point C at 38.2% AB
Point D at 161% ext BC (synced with previous structure high, a previous support zone, now act as resistance, look left)
Targets:
TP1 61.8% CD
TP2 127% CD (synced with recent support zone, recent lows, eventually the price can forge another lower low below point A, testing recent trendline at green)
Safe trades;
open.spotify.com/tra...3dYowAaxq2oSPHp1ctwM
Point B at 78.6% XA
Point C at 38.2% AB
Point D at 161% ext BC (synced with previous structure high, a previous support zone, now act as resistance, look left)
Targets:
TP1 61.8% CD
TP2 127% CD (synced with recent support zone, recent lows, eventually the price can forge another lower low below point A, testing recent trendline at green)
Safe trades;
open.spotify.com/tra...3dYowAaxq2oSPHp1ctwM