Bearish Butterfly Pattern
HSI--Typical Bearish Butterfly ??
D=27/1---20590H
C=19/12--17821L
B=7/12--19242H
A=25/11--17613L
X=28/10-20272H
XA=20272-17641=2631
17821 (C)+ 2631(XA)= 20454
BC=19242-17821=1421
17821 (C)
1421(BC)*2.618=3720
3720+17821=21541
AB=19242-17613=1629
C=17821
19242 (B)-1629*0.382=18619
Monday, 30 January 2012
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