NQ Bearish Butterfly 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.
