Potential SHORT on DAILY BNBGBP - BUTTERFLY PATTERN
At the moment we have a butterfly pattern completed at point 'D' with a 1.272% extension from A-B-A.
I'm waiting for a potential entry on the 4hrly or a sign that the pattern will hold. There is currently potential for a double top at structure or more conservatively for a 2618.
Targets are A-D retracement at 38.2% and 61.8%
Stops 1.618% extension A-B-A and to adjust after target 1's have been hit.
I'm waiting for a potential entry on the 4hrly or a sign that the pattern will hold. There is currently potential for a double top at structure or more conservatively for a 2618.
Targets are A-D retracement at 38.2% and 61.8%
Stops 1.618% extension A-B-A and to adjust after target 1's have been hit.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.