Bearish butterfly
I've only recently began to study harmonic patterns so please correct me if I am wrong here in the calculations.
PCLN looks like it formed a bearish butterfly with a 1.27 XA retracement.
I might try the 1480 / 1482.5 weekly call credit spread if I can get some premium.
PCLN looks like it formed a bearish butterfly with a 1.27 XA retracement.
I might try the 1480 / 1482.5 weekly call credit spread if I can get some premium.
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