Clear pattern clusters of Gartley and the butterfly pattern. Good potential zone for the price to reverse from the zone. I am excited to see what might happen.
I believe it is. Whenever I see a harmonic pattern clusters its always a good time to look at it closely :)
Trader-Mick
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Butterfly Tp hit!
coolma19735e
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Where do you think the price is going?
Trader-Mick
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Hello, I always rely on If= Then theory, I do not do long term prediction.
Here, as you can see we have two patterns forming, If my gartley pattern completes then my target would be 38.2% of CD leg and 2nd target would be 61.8% of Cd leg. I have mentioned the price also. The red zone area is a structure area in weekly. We might see a good reversal around the zone.
My analysis are pretty simple, Its not rocket science. Anyone can understand :) Thank you.