Bearish Butterfly
Updated
Bearish butterfly seems to be forming on the weekly chart.
1. TP levels usually at 61.8% of CD (for conservative traders) and 127.2% (for aggressive traders)
2. TP could be at point B or C too depending on the technical analysis tools used
1. TP levels usually at 61.8% of CD (for conservative traders) and 127.2% (for aggressive traders)
2. TP could be at point B or C too depending on the technical analysis tools used
Trade active
D has been confirmed at 59.05. TP level adjusted to 51.5
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