So thought I'd share this - Here's something Ive noticed on the Monthly Chart - A perfect Bullish Butterfly completion retracing to exactly a .707 from the 2000 lows to the 2008 highs.
If I'm right in thinking - Buttefly often tend to have quite sharp reversals....
Definitely got RSI looking right, and also out of interest had noted that the DXY had retraced a 61.8 move on the monthly / with a 1.618 expansion from the lower range...
Any thoughts people have on this, please share. I'm still finding my feet.
Peace
If I'm right in thinking - Buttefly often tend to have quite sharp reversals....
Definitely got RSI looking right, and also out of interest had noted that the DXY had retraced a 61.8 move on the monthly / with a 1.618 expansion from the lower range...
Any thoughts people have on this, please share. I'm still finding my feet.
Peace