NQ Bearish Butterfly
Updated
I don't generally track patterns such as butterfly's but this one seemed to standout to me, with the coordinates matching up quite well with our fibonacci levels.
Although a bit extreme, the butterfly is showing us a potential upside of 15-20% before reversing it all back down.
This will be something for me to keep in mind moving into the rate cuts, a potential sell the news event.
Let's see how it plays out.
Although a bit extreme, the butterfly is showing us a potential upside of 15-20% before reversing it all back down.
This will be something for me to keep in mind moving into the rate cuts, a potential sell the news event.
Let's see how it plays out.
Note
Would love to see us take the high with a swing failure pattern before a drop
Note
Getting some bearish signs starting to show
Order cancelled
Trump Pump, market has been moving sideways for too long for the harmonic to be valid
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