SaeedRehman
Long

Advanced Pattern on the XAGUSD - 4hr chart

FX:XAGUSD   Silver / U.S. Dollar
31 1 1
Is this an advanced pattern? I have plotted the fibs and could somebody tell me what pattern this is so I can remember the ratios. I think it might be a butterfly , but again I don't know the rules for this. Please help

If Point is completed then will look to go long -- Look left previous structure
My Friend, what you have there is a BAT not a Butterfly. in the butterfly pattern, X-D is greater than 1.27-1.41% The ratio's for a bat are much closer to what you have drawn. See image
https://www.tradingview.com/chart/TiB1NLn7/
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out