Ethereum Classic forming a bullish butterfly pattern. This it's an Harmonic Pattern and it's bullish signal. We're in Daily timeframe and also, Ethereum Classic make support in the EMA 200. So, in medium term, Ethereum Classic could to move up toward $60.25 USD next resistance key and $78.28 USD next up 2nd resistance key. The 2nd resistance key it's my target in...
Well, we have a situation now. A Bullish Butterfly Pattern(86.12) and Bullish Shark Pattern(86.32) in the No Mans Land. I'm watching closely for the bat pattern for form up with candle confirmation.
RSI Divergence is a must for me.
We have a Head and Shoulders Pattern and it's completion come into the Bearish Shark completion. Well, it gives a 1:1 Reward:Risk but we are looking at 140pips of risk.
WOW!! Not for me man!
So instead of buying at 1unit, I'm going to wait for the butterfly pattern setup, a bullish butterfly completing at 151.05 for a counter-trend trading opportunity off the...
You got a roomful of Harmonic Patterns, this usually happens when the market is consolidating or better known as a sideways market.
A Bearish Gartley Pattern seems to be the closest pattern to set up complete at 110.43. This setup will be treated as a counter-trend trade.
Hi guys, as you look. I change the background for white and the candlestick green = bullish and red = bearish to analyze up and becoming my technical analsyis simple, classic and modern to be understood. I see and measure using the Fibonacci for armonic, we see a bulliish butterfly. So, and also, we are in the demand zone that we could to buy Bitcoin and make...
My strategy for a potential bullish move by Kusama (KSM) back to previous swing highs (and beyond?)
I'm personally looking for a swing failure at 'D' of the bullish butterfly harmonic for a potential reversal. Take some Profits between POC and 0.618, bring your stop loss into profits somewhere below the daily level. After a succesful retest of the daily level, my...
Well, if you are a Harmonic Pattern trader and you wonder if I have selected the wrong investment strategy, nope, I didn't.
On the higher time frame, there is a Bearish Shark Pattern(check the link at the bottom) and I'm waiting for a shorting opportunity on the Shark Pattern.
For traders who agrees with me, you have to be aware of a Bullish Butterfly setup on...
A Bullish Butterfly with RSI Divergence can be a pretty good counter-trend setup for harmonic pattern traders.
I've engaged the trade as this is a type2 of Butterfly Pattern. If this is a profitable trade, you should see some profit at 10pm(+8GMT)
A Bullish Butterfly pattern appears to be forming here on our FET daily chart . Wow! We just dumped out of that triangle/pennant structure we had been in before! It happens in crypto - what can I say ! Every chart dumped when Bitcoin dumped . We were in a triangle type structure before but we broke bearish and went below it . You can see what looks like a letter...
A Bullish Butterfly Pattern is about to emerge, I'm waiting for the candle to touch 77.91 and retraces for a valid pattern. But for some Harmonic Pattern trader would have treated this as a Type 2 trade as the candle circled in yellow is close enough to them. It misses the completion by a pip. I'm not going to argue on that as every trader can have their own...
Although a lot of traders are looking to short GBPUSD, the technical setup doesn't show any signs of weaknesses on this pair. The market has hit Target1 2times on the Bullish Gartley Pattern(yellow) setup. Will there be a Type3 Gartley Pattern? Well, I doubt so, it is more likely to have a Bullish Butterfly Pattern(blue) than a Type3 Garley. I'm waiting for a...
✔XAUUSD has been Bearish but is building Bullish Structure
✔Price is testing 4H Trend and possibly breaking Trend
✔Sttrong Double bottom formed with a harmonic form
✔Recent demand has been broken and could be used for as support to rise again
✔RSI is in Bulls Position
2200 Pip Analysis
The Formation of the Bullish Butterfly on the weekly is a good opportunity to go long on the XAUUSD . entries should be Identified in the stop area on lower time frames. I will attach some of the entries on the lower time frame in the comment section.
The bulls managed to create a new high by pushing price to close above the A point of the Butterfly pattern. We are now to look for a continuation pattern around a pull back and take a long position on the BTCUSD. This analysis is from the investors point of view.