in today's fun looking back / cherry picked video I look at what happens when Butterfly patterns !REALLLLLLLLY WORK! In this case the 1st is a bullish BUTTERFLY which goes absolutely bananas! I use the replay tool to show just how crazy price goes.
Then later I spot another BUTTERFLY pattern this time bearish which leads to an equally massive move down.
This analysis is in no way trying to suggest that I took these trades, just wanted to show what can happen to a pattern which looks like the others and if you take them all one in 10-20 will go as crazy as this one.
Then later I spot another BUTTERFLY pattern this time bearish which leads to an equally massive move down.
This analysis is in no way trying to suggest that I took these trades, just wanted to show what can happen to a pattern which looks like the others and if you take them all one in 10-20 will go as crazy as this one.