Potential butterfly
The pair maybe forming a butterfly pattern with ideal ratios,targeting 88.900 (127 from XA and 178 from BC) also ,the daily MACD is giving a positive divergence ,we'll wait to see a clear penetration of point B to confirm the scenario .
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.