A potential Harmonic Butterfly Pattern is setting up. The Potential Reversal Zone is formed by 1.272XA extension + 1.272ab=cd measurement + 2BC inversion.
Butterfly pattern becomes invalidated if price goes past 1.414XA extension. Butterfly targets are 0.382AD retracement and 0.618AD retracement.
Good luck.
Butterfly pattern becomes invalidated if price goes past 1.414XA extension. Butterfly targets are 0.382AD retracement and 0.618AD retracement.
Good luck.
