When a Bearish Butterfly is used as inflationary measure, Eventually, those two peaks from W becomes two peaks of M as deflationary measure.
It could extend for more, we have seen it in the past in other graphics, but that would depend on many factors.
So, for now, basic setup
-CharterX
// Personal ideas and knowledge i have gathered after thousands of hours of study. I share this for free but should not be considered as Financial Advice. Use at your own Risk //
It could extend for more, we have seen it in the past in other graphics, but that would depend on many factors.
So, for now, basic setup
-CharterX
// Personal ideas and knowledge i have gathered after thousands of hours of study. I share this for free but should not be considered as Financial Advice. Use at your own Risk //