1- head at down trend line (weekly) 2-Butterfly Pattern 3- right shoulder is at beginning of its formation 4-level 11.4 Fib from (CD) 5-level 61.8 Fib from head (D) to nick
so i think sell from now SL @0.8450 last TP @0.7830 in long term
Comments
Ryan_Tyler
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Good analysis, Looks like a very good short opportunity