Yuba_Tamazgha
Long

Potential Bullish Butterfly Reversal

NYSE:BAC   BANK AMER CORP
Measuring the A to B leg with fibonacci , C slams right into the .382 fibonacci retracement . If the .382 can hold it's resistance and throne, we may see possibility of a bullish butterfly completing at price $12.65, 1.27 extension level.

Although A to B extension 1.27 and C to B extension 1.628 does shows confluence, price may reject these levels as support and bounce back up. All we can do is predict. Price action is our play book, whatever price does, we follow.. Let's see what happens.



******************************************************************************
For inquires of education, live trading room, or prop trader funding email
epicdaytrading@gmail.com

Skype: epicdaytrading

PH: +1 940-448-0281
******************************************************************************
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out