butterfly scenario
Updated
butterfly harmonic pattern:
AB=0.78 XA=$0.37
BC=0.88 AB=$0.0127
tp1=0.88 BC=$0.259
tp2=1.6 BC=$3
tp3=1.27 XA=$4
tp4=1.6 XA=$21.5
tp5=2.24 BC=$24.5
AB=0.78 XA=$0.37
BC=0.88 AB=$0.0127
tp1=0.88 BC=$0.259
tp2=1.6 BC=$3
tp3=1.27 XA=$4
tp4=1.6 XA=$21.5
tp5=2.24 BC=$24.5
Note
the E point could be at $0.0687 or $0.0926. $0.0926 is more likely.Note
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