DaaNL
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since May 28, 2017
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Price tested previous demand zone, broke the trendline and closed above. RSI bullish exit.
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I'm only a newbie, but this looks like a Bearish Butterfly on the hourly chart to me. The Fibonacci retracements of AD line up nicely with previous important levels. If price reverses in the Potential Reversal Zone, I believe these targets could be hit: Target 1 | 0.382 AD (1.12155) | R/R = 2.56 Target 2 | 0.618 AD (1.11741) | R/R = 4.15 If price drops below...
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