A butterfly may complete wave 5

١٩ يونيو ٢٠٢١

wave 3 is extended. As expected, wave 4 retraced only 0.382 of wave 1-3 and I took a good profit from wave 4 (see my previous post about GBPCHF). In this week, a butterfly may complete wave 5 in GBPCHF with a target of 0.618 of the entire impulse