As long as it is not more than 200, it is suspicious of the head and shoulder pattern with a short-term target of 34$, and if it goes above 250, the butterfly pattern could shift to the Cypher pattern with a target between 560 to 700 and then falls to 5$.
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target revision:As long as it is not more than 220, it is suspicious of the head and shoulder pattern with a short-term target of 34$, and if it goes above 250, the butterfly pattern could shift to the Cypher pattern with target 673$ and then falls to 17.5$. With the hammer candle, it created this week, the probability of the butterfly pattern being transferred to Cypher has increased.
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sorry about my mistakeThe butterfly pattern is the only harmonic pattern that corrects the AB wave by 78% of the XA wave. So the Cypher pattern is eliminated and Target 9 is here.
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the key levels on the path of 9
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today I noticed a big shark or cypher on the chart and changed my mind:
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.