1. Bullish Butterfly pattern will be form if the price falls to point D. That the entry point (red dashed line) 2. Next Fibo 1.618% is cutloss price. 3. My expectation the price will reach point D and reverse back to 0.618% (green dashed line). 4. For comfirmation the price must fall and closed below B level.
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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.