ALGUSD formed a bullish butterfly pattern and the harmonic ratios on pattern are almost very close to the original pattern. Although it came down a little but if it holds the Potential Reversal Zone (PRZ) then this bullish butterfly pattern is intact and if the neckline is broken then the bullish trend will start.
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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.