ADABTC 2 Butterflies
2 Bullish Butterflies along with analysis on where price could go.
Note
Price is heading towards my Stop just under S2 weekly / S1 monthly. If it is taken out price will likely go down to the 1.618 ext. Assuming price gets there I will post another video as that is the next place D of the Butterfly can complete.Trade closed: stop reached
My stop which was under S2 was taken out. Now price is heading down to the 1.618 extension which is still a valid Butterfly. I will likely enter again as the R:R is very good! I will update once i see the right price action
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.