Butterfly -- Long
Aggiornato
According to the quarters theory, the halfway mark between Large quarter points is an area of resistance. We see price has kissed this area and is reversing as our butterfly would suggest.
Ordine annullato
I never entered this trade because I was waiting on price to confirm its reversal. I was looking for candlestick reversals at the D-point, and while it began to indicate it would reverse, It never completed the reversal pattern.
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