Watching Closely- Bearish Butterfly
SE has been trading in this channel for quite some time now and closed on Friday sitting right on its 50day EMA. Bearish butterfly harmonic pattern formed, however, more often than not harmonic patterns do not play out. That being said, in my opinion, harmonic patterns should only be used as further confirmation of a trend. Will be watching this one closely in the coming weeks
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.