Hello ladies and gents.
First time poster looking for a bit of constuctive feedback.
I'm seeing two possible options playing out.
Option 1: We've got a bearish butterfly in the making. We continue up from 3800 to 4300(13%) , down to 4100(4.8%) then up to 4400(7.3%). + compounding interest.
Option 2: The butterfly fails and it drops from 3900 down to 3650(6.8%). From 3650 up to 3950(8.2%) and back down to 3550(11.2%). + compound interest.
The pink perforated lines are my stop and buy.
We really want to form that handle on the cup so I see option 2 being the best outcome leading up to the platform launch on the 30th.
Not financial advice.
First time poster looking for a bit of constuctive feedback.
I'm seeing two possible options playing out.
Option 1: We've got a bearish butterfly in the making. We continue up from 3800 to 4300(13%) , down to 4100(4.8%) then up to 4400(7.3%). + compounding interest.
Option 2: The butterfly fails and it drops from 3900 down to 3650(6.8%). From 3650 up to 3950(8.2%) and back down to 3550(11.2%). + compound interest.
The pink perforated lines are my stop and buy.
We really want to form that handle on the cup so I see option 2 being the best outcome leading up to the platform launch on the 30th.
Not financial advice.