Price on GBPNZD has formed a bearish butterfly 🦋 harmonic pattern on the hourly and 4 hour timeframe.
The key measurements for the butterfly being the ~78.6% B point and the 127.2% XA measurement for entry.
First and second targets are shown as 38.2% ans 61.8 % of AD respectively.
The key measurements for the butterfly being the ~78.6% B point and the 127.2% XA measurement for entry.
First and second targets are shown as 38.2% ans 61.8 % of AD respectively.
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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.