I just saw in my pre-week analysis a potential Butterfly-Pattern in the Daily Chart.
Entry, is in the Zone between the 1.141 Fib expansion from X-A and the 1.618 Fib expansion from A-B.
Agressiv Stop would be above the A-B 1.618 Expansion. The normal Stop would be around the 1.618 Expansion from
X-A.
Stop Loss at 10659.42
Target 1 would be at the 32.8 Fib Retracement at 9934.68
Target 2 would be at the 61.8 Fib Retracement at 9647.52
Enjoy your weekend
Entry, is in the Zone between the 1.141 Fib expansion from X-A and the 1.618 Fib expansion from A-B.
Agressiv Stop would be above the A-B 1.618 Expansion. The normal Stop would be around the 1.618 Expansion from
X-A.
Stop Loss at 10659.42
Target 1 would be at the 32.8 Fib Retracement at 9934.68
Target 2 would be at the 61.8 Fib Retracement at 9647.52
Enjoy your weekend