Hey Everyone, Currently we're looking at EURUSD, GBPUSD and USDCHF H4 Chart where, EURUSD is Forming HARMONIC PATTERN - BULLISH BUTTERFLY GBPUSD is Forming HARMONIC PATTERN - BULLISH BUTTERFLY USDCHF is Forming HARMONIC PATTERN - BEARISH CYPHER
At this time if Dollar weakens then these pairs could easily render us with good amount of profit where as if it got stronger (which is volatile) then these pattern could not be rectified,
Already Holding EURUSD!!
More updates will be posted under this thread, have any doubts? then, let us know in the comment section below and make sure to give this analysis a Thumbs UP +_+
Trade active
⋅
EURUSD DID WELL USDCHF OKAY GBPUSD SIDEWAYS CONSOLIDATION!
This is too funny. GBPUSD B-point has a retracement of 53% and you call that a butterfly? Strange, the creator of these patterns teaches that from 38.2-50% it's a BAT, 61.8% is Gartley and closer to 78.6% is a Butterfly! You guys should create names for your own patterns as this is misleading for any real Harmonic & Advanced Pattern traders.
UnknownUnicorn478105
⋅
@corleone7, It looks like the B point Retr is indeed 78.6%, so where were they exactly wrong?
UnknownUnicorn478105
⋅
@corleone7, oh I looked at the EURUSD. The GBPUSD is not the measurements of a Butterfly indeed ,and also failed....