GAS/USDTGAS 2H
A potential bullish butterfly is forming with price currently on the way to "D" Leg. It is now in a key area where price consolidates for about 4days before the massive upwards rally. A break below this will send the price to $9 zone, inline with our initial prz of BC*161.8 at $9.978. This area is also a previous resistance, BMS and flip support where price successfully tested as seen on the pullback fib ( Green Arrow ). An orange trendline also shows a dynamic support level. Overall PRZ is indicated having the main (XA*127.2) lined-up with the trendline.
In case price hold grounds on the $13 zone, a potential pullback will be viable up to the trendline resistance + fib levels since there has been a 6 consecutive bearish candle already and no retracement has been done so far.
Trade safe. ☝️🤫😁