Textbook Butterfly, met all fib zones nicely lining up with the 38.2 means that the tp will be at 1.618 of XA, that is where the PRZ is located. We are looking at Long term short but short term long. I will put the trade as neutral for this reason.
Komentar:
Not quite going as predicted, we could see a 88.6 movement for BC instead of the intended 38.2, that would move BC down quite a bit.