Short

btcusd. harmonic butterfly

By Alexander_Nikitin

Updated

A bear harmonic butterfly pattern is setting up on bitcoin. The potential reversal zone of 11350-11436 is calculated as a confluence of 1.272XA extension + abcd move + 2BC inversion. Wait for a Terminal Price bar to install. If the PRZ is broken then look for further upside continuation. Good luck.

Note

Terminal Price Bar is installed

Trade closed: target reached

First take profit is hit:

snapshot

Alexander_Nikitin

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