A butterfly may complete wave 5
wave 3 is extended. As expected, wave 4 retraced only 0.382 of wave 1-3 and I took a good profit from wave 4 (see my previous post about GBPCHF). In this week, a butterfly may complete wave 5 in GBPCHF with a target of 0.618 of the entire impulse
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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.