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
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out