5680 is confluence target = abcd100% + ABCD127.2%
5653 is 127.2% opposite projection of XA and is the minimum target of butterfly
general idea : sell after butterfly completed
My idea: buy to accomplish the butterfly
Already trend is up at 1H and D1, just turend up at 4H
now is 3pm NY time
time for retracement down or a new upmove
Who know but 20 pips will be moved i either direction
Down move will give you a better buy price
5653 is 127.2% opposite projection of XA and is the minimum target of butterfly
general idea : sell after butterfly completed
My idea: buy to accomplish the butterfly
Already trend is up at 1H and D1, just turend up at 4H
now is 3pm NY time
time for retracement down or a new upmove
Who know but 20 pips will be moved i either direction
Down move will give you a better buy price