ABC correction with a double bottom, a neck to break, the price should find some resistance and start to pull back into the 61.8% retracement zone and there, the market should forge an entry. (bullish rsi divergence on oversold condition for instance) *
However, find comfortable situations that allow us to enter the bullish momentum is where the focus point.
BUTTERFLY Point B: 78.6% XA Point C: 38.2% AB 88.6% AB Point D 161% ext BC 261% ext BC Targets: TP1 61.8% CD TP2 127% CD