$SAGA M5 Potential Bullish Butterfly Formation.
• Potential bullish butterfly harmonic formation with D-leg formation with D-leg completion on a touch on current VAL valued at $1.2322.
• Market trading just within bearish NT.
• Price touched 79% Fib level hinting on a discounted entry for a potential short if directive goes downward.
• Market needs to go below M5 EM200 for more bearish pressure.
• TFO bearish median crossover.
Key break points:
• $1.2708
• $1.2690
• $1.2665
• $1.2520
• $1.2404