previous analysis :
currently the price is hitting the resistance and forming a bearish butterfly pattern, but I will only focus on finding a buy position.
which is when the price is testing the 38.2-61.8 area which is the default target of the butterfly pattern. the final target is at 78.6 level which conflunce with 1.618 ext
currently the price is hitting the resistance and forming a bearish butterfly pattern, but I will only focus on finding a buy position.
which is when the price is testing the 38.2-61.8 area which is the default target of the butterfly pattern. the final target is at 78.6 level which conflunce with 1.618 ext