Verge: BIG Butterfly setting up

23 mag 2018

Verge is setting up what looks to be a C of a Butterfly (weekly S3, same level as last months central pivot which at this point is untouched, also virtually 78.6 and price is sitting on daily 200MA) . If this turns out to be the case, I will look to trade the C D Leg. R:R on this is almost 7:1 if price were to get to D at 1.272 ext. It could of course go further in which case things just keep getting better.