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MikulovicFOREX
Sep 10, 2019 9:07 PM

NZDCHF bullish butterfly in the making 

New Zealand Dollar/Swiss FrancFXCM

Description

Harmonic butterfly pattern currently developing on the daily timeframe

The resistance at 0,64150 is going to push price down to complete this pattern.

When the pattern is complete price reaches 161,8% of CD, which is the horizontal line plotted on the chart.

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Comments
MikulovicFOREX
Alot of people in the chatrooms trying to invalidate this pattern.

The price has not broken a reasonable amount above the specific predetermined fibonacci ratios to be considered invalid
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