Butterfly completed on OIL close to the all time high/HTF supply zone, price currently rejecting has broken internal structure, but i want to see price come up and mitigate that supply zone/continue to fail the same level before taking sells, i was going to sell the breakout as OIL moves fast but again to risky as it can also pullback super fast, waiting for more...
DARUSDT bearish butterfly. The price action is in a confluence with the double bottom formation of BTCUSDT. The Fibonnacci ratios is wonderfully converging with local support and resistence. A Potential Reversal Zone (PRZ) is expected from D point 1.41 Fibonacci extention ratio. Oversold condition for the intraday and hidden bullish divergence on Ehlers' Fisher...
BEARISH BUTTERFLY PATTERN STUDY PURPOSE
Good evening traders, Euro is on trend, but it has to take a breath, there is divergence on 4h RSI and strong resistance above the pattern completion. Maybe is good time to position our shorts and wait the JPY news later this night for quick profits.
🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 👍 👍 Leave a like to show support 👍 👍 This is an automatic harmonic detector I made with the loved ZigZag++ , I sometimes use it to tell me the bat, gartley and butterflies This is a potential sell zone for GBPUSD, A prior Bat is seen to make a very nice entry point after hitting this level, And we haven't been supported by...
Support at 23.6%, time to head for second target ? Check related ideas Good luck to all trading EURGBP !
20/02-2020 DXY: bearish harmonic deep crab or extended butterfly and alt bat PRZ
Found a completed Bearish Butterfly on NZDJPY. SL = 113 Extension of AD Leg. Target 1 = 382 Retracement of AD Leg Target 2 = 618 Retracement of AD Leg. If Target 1 is reached, move SL to BE and let trade run.
June Milk fell into a Butterfly/Cypher extension Thursday and then rose today. Market not finished with the downtrend. Possible sideways progress from here until proof of direction is determined. Right now we might have a bearish flag. Again confirmation needed for Monday. This market could extend down into 14.91. Double bottom extending back into 2016-03-18...
Butterfly since a Gartley is invalid here
AAPL has reached 135$ again and the price is re-testing its All Time Highs again. The weekly structure has kept AAPL's price below it during 2015. Will it do it again. A weekly bearish Butterfly also completes near 135$ - Adding weight to this weekly resistance zone. Bulls should wait for a breakout, re-test of structure (as support) and then perhaps aim...
Corn has fallen off of the Bearish Butterfly. It rose into the extension. Estimators put corn acreage at 90.48 million vs 2016’s 94 million. This should support an rise again on corn. New Butterfly projection fall to 61.8-78.6, then possible rise to a double top or beyond.
March Oats met the Elliot Wave requirement for position 4. Looking for an upsurge in the next couple of days and progression to fill the gap, complete the Elliot Wave and Butterfly off the extension. Cautious of Oats making one or two more lower days off of the bearish flag. May Oats hasn't yet completely made the Elliot Wave, but it may not.