15M AgressiveC onward to a Bear BUTTERFLY
Case for Entry
Series of recent HLs -> short term Bullish
RSI OB but we have a RSI trend shift above indicating market might go higher before giving another bearishDIV
prev. SUPPORT around D completion giving about 2:1 RRR using 3 ATR(7)
Target off -> STOP&REVERSE @ Butterfly entry
FIB confluence: 127XA Ret., 1618AB Ext., 1618BC Inv., Harmonic 1414AB=CD
Series of recent HLs -> short term Bullish
RSI OB but we have a RSI trend shift above indicating market might go higher before giving another bearishDIV
prev. SUPPORT around D completion giving about 2:1 RRR using 3 ATR(7)
Target off -> STOP&REVERSE @ Butterfly entry
FIB confluence: 127XA Ret., 1618AB Ext., 1618BC Inv., Harmonic 1414AB=CD
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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.