Disliked{quote} Hola SLforex, I'd be happy to explain. 1.40 will present a big selling op for many in my view so price may struggle to make it much past there, at least first time around. So I'm leaning towards the confluence shown in attached chart but I will of course be mindful of other possibilities. If it gets there we'll just have to see how price reacts. {image}Ignored
So, if price bounce at 1,04017 it not a butterfly. In butterfly pattern BC projection to D must be at least 1,618.