Possible Butterfly forming on GBPUSD
B point is a little bit deeper than .786, but is not enough for a Deep Crab (.886). Moreover, projected D point @ 1.27226 (1.272XA) is just a couple of pips away from Nov 15th retrace @1.27232.
Numbers look like:
Entry: 1.27226
SL: 1.26967
TP1: 1.28010
TP2: 1.28494
Numbers look like:
Entry: 1.27226
SL: 1.26967
TP1: 1.28010
TP2: 1.28494
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