The overall trend on GBPUSD continues to be bullish, making it an attractive option for buyers. Long Trade Scenario: Daily Chart: A potential Bullish Shark Pattern nearing completion at 1.1937 suggests a buying opportunity. Short Trade Considerations: Personally, I'm inclined towards a shorting opportunity. Two potential setups catch my...
the detail is shown in the above Idea. I made this Idea based on Candlestick Analysis and Harmonic pattern. Although Spring Season has started and Butterflies started Flying in the Sky But the QQQ butterfly is not ready to fly yet and should try again.
Surf Yellow to catch butterflies in the night Do you think at night in Vietnam a butterfly appears every 15 minutes? I'm waiting for the buy zone and have set up a pending buy order below. Will you join me in catching butterflies?
Potential multiple patterns forming for at least one to hit. Thinking that there are so many patterns up at the 29.5k level, this could be a B point for a larger Harmonic move lower. Ultimately the algo bots will see these Harmonic patterns with a certain move down at the PRZ. Whether it stays down is another discussion. Blue = Cypher Red = Bat Green = Butterfly
- Yen at key resistance @ 150 - Most likely no more FED hikes - Multiyear Butterfly D-Point
Many Fibonacci and Harmonic Confirmations Bullish - Butterfly Harmonic , With Expanded Flat ABC Elliot C = 1.618 A 1.618 AB = CD ( PRZ As per AB=CD Pattern ) 0.50 Retracement Levels Trade at your own decision , I'm not a financial adviser.
In the first, we have the hormonal butterfly model This tells us that the price will go to the 149.62 area, and then there will be a rebound because there is a PRZ area. After that, there will be a decline to the 149.00 level and then return to the 151.00 level.
It could be argued this does indeed resemble the Harmonic Pattern of a "bearish butterfly" with targets in play for the short trade , however we may have indeed completed its short life? 1.bp.blogspot.com
I imposed the first Butterfly pattern on NQ, perhaps the values are not correct in the present pattern, but the values are correct with maximum accuracy with the parameters with which I compared. And if this is the right scenario, then our fall target will be around 8000-10000. A more precise purpose of the fall will be clear upon the execution of the value, I...
Seems like the previous Cypher was to just get a B point on a larger structure, a BAT and Butterfly where the PRZ is at 29.5k, roughly. Butterfly is in the green and the BAT is in the red. Thank you
This is an update and continuation of this previous setup: EURUSD has reached the full target of the Bearish Butterfly it formed a few months ago and is now sitting below the lows of the range and is back below the macro trend line. There are a few options one can go with now: take full profits, take partial profits, or hold for a macro break down to the big...
harmonic pattern butterfly set up. Sl at your own risk
Hello traders. I see a BUTTERFLY pattern on the DE30 H1 chart. TARGET 15666 STOP 15290 Good luck everybody.
Costco has formed a Bearish Butterfly that lines up with the 0.786 retrace and is testing the zone for the second time with PPO Bearish Confirmation Arrows on both tests, PPO Bearish Divergence, and MACD Hidden Bearish Divergence. This looks like it could be setting up to revisit the lower half of the range.
In Weekly time frame, Harmonic butterfly pattern formed . Prize reversal zone expected around 1.272 fib level.
In WTF, Butterfly pattern Prize reversal zone near 1.272 level.
Hello Traders, I have taken long from current market price 1.23810 with SL 1.23 long term view. Lets have a look at this chart, its a bullish butterfly pattern. Happy trading!
According to the Butterfly pattern, the Fibo perfectly converges the decline to the target of $ 60. We also go down the channel where the lower border of the channel will be. All 3 parameters should be added together. We should reach it by May 2024, there will be a great point for going to long.