Monday, 30 January 2012

HSI---Bearish Butterfly Pattern??

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

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