Butterfly forms when the market is uncertain over the short term. Lookout for profitable springback. And eventual fall back after one more peak.
Similar pattern spotted in 1997-98.
Similar pattern spotted in 1997-98.
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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.