breakout to bearish butterfly watch

Like AMZN, GOOG looks poised to challenge its downward TL. Upon breakout it immediately faces support from pre-Oct levels as resistance which happens to correspond w/ a textbook bearish butterfly PRZ setup. Watching for a reversal here, no position.

تعليق:

Clipped the PRZ today and got spit out. Let's see what happens tomorrow. Almost all FANGs are in bearish bat/butterfly patterns with almost perfect fib ratios.