Hi,
We have a beautiful Butterfly pattern which started from February 6th, 2019 and ended to January 3rd, 2020.
We reached our first target to the neckline (TARGET 1 at 50% Fibonacci). We should get a correction before going to our second target at ~0.45$ (TARGET 2 at 100% Fibonacci).
I think we should hit our third and last target at ~0.67$ (TARGET 3 at 161.80% Fibonacci) before or during this spring 2020.
Usually a Butterfly pattern hits 161.80% of the Fibonacci before a good correction (fill again our bags).
Trade safe!
Cheers,
PS: it's not a Financial Advice.
We have a beautiful Butterfly pattern which started from February 6th, 2019 and ended to January 3rd, 2020.
We reached our first target to the neckline (TARGET 1 at 50% Fibonacci). We should get a correction before going to our second target at ~0.45$ (TARGET 2 at 100% Fibonacci).
I think we should hit our third and last target at ~0.67$ (TARGET 3 at 161.80% Fibonacci) before or during this spring 2020.
Usually a Butterfly pattern hits 161.80% of the Fibonacci before a good correction (fill again our bags).
Trade safe!
Cheers,
PS: it's not a Financial Advice.
