Advanced formations are a bit different from harmonic patterns. They differ in ratios and trading tactics... I'd say advanced formations is completely different approach (although patterns look like triangle on a chart - same as harmonic patterns).
Now back to the idea... We have a confluence of two patterns - a cypher advanced formation and a butterfly advanced formation. They point almost at the same level. So, the level becomes a level of interest. Let's see what happens if price goes to test the level.
Now back to the idea... We have a confluence of two patterns - a cypher advanced formation and a butterfly advanced formation. They point almost at the same level. So, the level becomes a level of interest. Let's see what happens if price goes to test the level.
