According to the Butterfly pattern, the Fibo perfectly converges the decline at the target of 16500. We also go down the channel where the lower border of the channel will be. All 3 parameters should be added together. We should reach it by October, there will be a great point for going to long.
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We have reached 17800, everything is according to plan, we go lower.Trade active
17200Trade active
16800, excellent practice. Now you can start buying for further movingTrade active
everything is OK. From 16,500 10% profit.
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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.