$FRONT M15 Potential Bearish Butterfly Formation
• Possible bearish butterfly harmonic pattern formation with D-leg completion on 79% Fib level touch.
• Market currently hovering just within bearish NT, which is a sign that a potential reversal is looming.
• Has not broken Bu-OB; went right above the VAH from recent dip.
• More upward push could tease a probable EMA GX, but still looks a long way to go to get there.
• TFO currently curving up towards a reentry on the neutral zone.
Key break points to WOF:
• $0.7813
• $0.7915
• $0.7967
• $0.8361