On 4hr timeframe, i identified a Bull Butterfly which also coincide with the BC extension 127.2 of the Gartley. I will post a screen shot of the Bull butterfly in this post below. If you look at it, it completed 5 Waves to the upside since June 2016 low. Look to be making ABC correction now. I'm still looking for upside move for new high past the Septermber 2017 peak.
Technical Strategy:
Long at the completion of Bull Butterfly with Stop Loss at 88.6 of XA of the Gartley. Targeting the next Resistence at 91.70.
Technical Strategy:
Long at the completion of Bull Butterfly with Stop Loss at 88.6 of XA of the Gartley. Targeting the next Resistence at 91.70.
Yorum:
