The image speaks for itself, all indicates a bearish move towards leg C of the butterfly.
If pattern fails to complete blame the banks and all thoose manipulators!
If pattern fails to complete blame the banks and all thoose manipulators!
Note
EMA can only be supportive for so long...Note
Finally, seems like TA still works theese days...Note
Price found some kind of support on the green trend line, which happens to be 0.61 FIB retracement from the move up. It's decisive now, if it breaks down, 0.78 FIB is required and we will see the last leg complete our pattern.
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.
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.