Gmanns777

GNTUSD bullish butterfly

Long
Gmanns777 Updated   
BITFINEX:GNTUSD   None
the pattern completed last week at 1.272 ext. prices is currently sitting on the 78.6 retracement of the bounce off 1.272ext. really good place to get long with stop under D from last weeks butterfly. small risk BIG UPside.
Comment:
looks like price is heading down to 1.618 ext and bounced a little, with all the selling pressure. if you want to get it. wait for a higher low with a stop under the low.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.