Watch the point C, if price not going lower then point C then reverse, then probability for Bearish Butterfly forming is higher.
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Price reached point C. Now we just need to watch if price will reverse or continue to fall which will invalidate the pattern
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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.