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Dr_Gonzo
Aug 18, 2015 6:35 PM

Non Ideal Butterfly - Harmonic - BTC Hour Long

Description

Non Ideal Butterfly
.68 Retracement of the XA
.63 Retracement of the AB (would've liked to see .886)
AB=CD Invalid
D Extreme extension near the 2.24 of the BC
D = 1.27 of the XA
Convergence of the 2.24 & 1.27 = PRZ
RSI Oversold

Long Target 1 0.618 of the CD
Long Target 2 0.786 of the CD
Comments
Dr_Gonzo
And this is why you set tight stops!
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