NYSE:EDU   New Oriental Education & Technology Group, Inc. Sponsored
Here, we had a perfect butterfly extension pattern on the weekly. For this price action, it seems that the most likely complimentary pattern here would be a shark pattern; therefore, I have indicated the 0.886 retracement and 1.13 extension of the CD butterfly leg, as well as, the normal 0.382 and 0.618 retracement take-profit levels. Good luck, trade safely, and let's take some clear easy trades!
Comment:
Trade Initiated.
Comment:
Exited Trade. Reentering here (Update):
Comment:
Potential Huge Bat Pattern here as well:
Comment:
Update: Trade Initiated. Targets:

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.