Developing C leg to fly reaching D leg as 2nd wave
Developing C leg to fly reaching D leg as 2nd wave
D Leg position as left shoulder to fall
If able to close below supply zone, next target C leg
EURJPY reaching D leg of Bearish Butterfly 1W Short target 127.8
Let's market run by him self, if Aussie could close above supply zone 1, the supply zone 2 as a target (ABCD Continuation). Else, she will create left wing of butterfly
If next week he unable to close above supply zone, then he would create a bullish crab
My thinking has been drawn into chart
GBPUSD pullback to last month open, pattern bearish butterfly point B reached, next going to C 0.618 last week range, confirm by trendline support, and could be reaching point D at 1.5452 (1.27% XA)
Buy to test supply zone, weekly high and monthly high (0.886 XA) And could be down to find support at 0.786XA or 1.272BC
Biarlah gambar yang berbicara, i'm not analyst or news writer :D