Hello Traders ✔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
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...
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.
It seems that this prediction seems realistic regarding Eliot waves and Fibo extension. 60k could be a critical point. Let's see if Mcafee will keeps its nuts 😜
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.
A bullish butterfly checkback that offers great returns for traders who are looking to go long on this harmonic pattern as a trend trading trade. It is possible to look for a trend extension trade on this trading opportunity. I'm in, are you?
As mentioned on last Wednesday Facebook Live session that we are in a Harmonic Patterns Season. Right after the bearish shark pattern run of 252pips, we are waiting to catch to reversal or pull back at 136.26 for a buying opportunity. I will personally look closely on this setup as I may have a plan for target extension for this trade.
$GO #GOCHAIN #GO #GOBTC IT IS TIME TO GO UP
I can imagine that AUDCAD can be pretty volatile at the entry-level we are looking at. For this setup to be valid, the earliest for this to form is on Tues, 8Dec2020 6 am (+8GMT), anything earlier than that I'm going to scrap the trade. A retracement back to 0.9525 before the formation of the bullish butterfly pattern would be ideal for traders to head in for a...
$GO #GOCHAIN #GO #GOBTC ON THE WAY TO THE MOOOOOON :)
The pattern has hit TP1 (1.30751) and should head to TP2 (1.46537) once there are enough Short orders to fill the longs.
BULLISH BUTTERFLY & DOUBLE DEEP WILL RISE UP SOON
Hello, Pattern : Bullish Butterfly Stock : MCX:SILVERZ2020 Time Frame : 15 min. Always look for reversal patterns in rectangle box area which is a reversal zone and take trade basis on it. Note : This chart is only for study and reference purpose.
Time to Bull race.
Here I have used Gann Fan, Fibonacci Retracement, and Harmonic Pattern to forecast Dow Jones. If you like my charts, give likes, share, and subscribe to show love.
The butterfly pattern formation means that the down trend has reached exhaustion and gives us an opportunity to go long. the bullish movement is confirmed by the RSI, MACD and the Stochastic Oscilators.