Here we have a beautiful high probability bearish setup
A nice bearish Butterfly setup
Potential Major price rejection at 120.000
Also a possible trendline rejection
Potential target 1 at the 38.2 FIB at 118.679
Potential final target at the Major price at 110.000 (60 pips SL / 1000 pips TP) bruuh
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought)
A nice bearish Butterfly setup
Potential Major price rejection at 120.000
Also a possible trendline rejection
Potential target 1 at the 38.2 FIB at 118.679
Potential final target at the Major price at 110.000 (60 pips SL / 1000 pips TP) bruuh
Trade safely guys !
(For me, trade will be taken if price goes outside the Bollinger bands & RSI overbought)
Note
C point are invalid
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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.
Related publications
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.