Hello
We have few scenarios, the first is the price broke from the inner trendline and is heading towards the outer trendline which lines up with butterfly 1. The second scenario is the price might head down towards the C leg of the red pattern or close to A leg and price might retract from that point. Third scenario is obviously a short trade when the pattern completes.
Lets see and Good Luck
We have few scenarios, the first is the price broke from the inner trendline and is heading towards the outer trendline which lines up with butterfly 1. The second scenario is the price might head down towards the C leg of the red pattern or close to A leg and price might retract from that point. Third scenario is obviously a short trade when the pattern completes.
Lets see and Good Luck