In the first place I'm already short on the bigger bearish butterfly. (Last week downward move made me happy until today)
Now from what i see there 3 patterns taking shape:
- A head and shoulder pattern
- A bearish 2618
- A bearish Gartley
The 2618 is already in play. But if price makes a valid C point of a potential bearish gartley, then the right shoulder could be formed.
Now from what i see there 3 patterns taking shape:
- A head and shoulder pattern
- A bearish 2618
- A bearish Gartley
The 2618 is already in play. But if price makes a valid C point of a potential bearish gartley, then the right shoulder could be formed.