Browse
Time

Butterfly

Trending
Today
Trending
Most Discussed
Most Viewed
Most Agreed
All Ideas
Today
This Week
This Month
All Time

Butterfly

The Butterfly Pattern is a distinct 5-point extension structure that was discovered by Bryce Gilmore and further defined by Scott Carney. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg lies at 0.786 and the PRZ consists of 3 converging harmonic levels: 1) 1.27 extension of the primary XA leg, 2) AB=CD pattern, either equivalent or 1.27 and 3) Extreme BC projection of 2.00, 2.24 or 2.618.

The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. Common stop levels lie behind the next structure level after the D point or the 1.41 extension of XA. Conservative traders look for additional confirmation. These patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool to visually identify 5-point reversal structures.
Ali_Wibowo Ali_Wibowo XAUUSD, 120, Short ,
XAUUSD: XAUUSD Trading Idea
46 0 4
XAUUSD, 120 Short
XAUUSD Trading Idea

Salam

pre_market pre_market CSCO, 120, Short ,
CSCO: TWTR short
3 0 3
CSCO, 120 Short
TWTR short

18.55

pre_market pre_market TWTR, 120, Short ,
TWTR: TWTR
21 0 2
TWTR, 120 Short
TWTR

Target @ 18.55

Cenk_CAKIRAL Cenk_CAKIRAL EURJPY, 240,
EURJPY: BUTTERFLY
25 0 4
EURJPY, 240
BUTTERFLY

BUTTERFLY

Korastiz Korastiz PRO IOTUSD, 120, Short ,
IOTUSD: IOTA/USD Bearish Butterfly Pattern on 2h Candles Chart
84 12 7
IOTUSD, 120 Short
IOTA/USD Bearish Butterfly Pattern on 2h Candles Chart

Description on chart.

FXRCAPITAL FXRCAPITAL AUDUSD, 240, Short ,
AUDUSD: AUDUSD Butterfly Effect
112 2 6
AUDUSD, 240 Short
AUDUSD Butterfly Effect

Strictly Technical AUDUSD Top of the channel short // STOCH SIGNAL // Bearish start M30/H1/H4 // GMACD // Trend/DN MEDIUM M30/H1/H4 Almost perfect bearish Butterfly pattern play on AUDUSD at the top of the channel looking for 170 pips on this movement. SL 70pips from entry in prz

pixi pixi BTCUSD, D, Long ,
BTCUSD: Buy area
437 2 11
BTCUSD, D Long
Buy area

Hi, 2 patterns confluence around $1900 (see chart). Demand zone.

Sachinsyd Sachinsyd NIFTY, W,
NIFTY: NIFTY bearish butterfly nearing completion
131 0 4
NIFTY, W
NIFTY bearish butterfly nearing completion

NIFTY bearish butterfly CAKE anyone! Fib Extension is the Cherry on top!!

IvanBonilla IvanBonilla PRO AUDUSD, 180, Long ,
AUDUSD: Bullish Butterfly AUDUSD
119 0 4
AUDUSD, 180 Long
Bullish Butterfly AUDUSD

The idea is to fill this harmonic bullish butterfly and go bullish, I hope it is a good entry to go long, invalidation if price action makes a new high before filling harmonic. Trade option, SL .74400 TP1 .76600 TP2 .78500 TP3 .79500

Trading_Jazz Trading_Jazz PRO EURJPY, 240,
EURJPY: (4h) Honey for Bears! 1h Butterfly vs 4h Shark (so unfair...)
512 3 21
EURJPY, 240
(4h) Honey for Bears! 1h Butterfly vs 4h Shark (so unfair...)

FX:EURJPY https://www.tradingview.com/chart/EURUSD/PyQ2bJKG-Butterfly-Pattern-Engagement-Rules-Educational/https://www.tradingview.com/chart/EURUSD/ZOzp9b8D-The-Shark-Pattern-Engagement-Rules-Educational/https://uk.tradingview.com/chart/DXY/uYss8mns-24-Educational-charts/ Safe Trades;

EmileLetellier EmileLetellier PRO NUGT, D, Long ,
NUGT: Butterfly pattern on NUGT
171 0 5
NUGT, D Long
Butterfly pattern on NUGT

It might be time to go bullish on gold ETFs. The pattrern is clear and if the stock doesn't break below the 0.786 fibonacci level ( from X to A), the odds of a bullish rally are in our favor. It might not buy today because we are friday, but i will definetly look into it monday morning.

PietroCasoar PietroCasoar PRO AAPL, D, Long ,
AAPL: Overall Bullish trend to complete a wave 3 with butterfly entry
71 0 12
AAPL, D Long
Overall Bullish trend to complete a wave 3 with butterfly entry

It seems we have an overall LONG on a BULLISH trend for a Wave 3 completion. There is also a possible Bullish Butterfly pattern available in the Hourly chart to use as an Entry point on this stock. All EMAs show Bullish trend confirmation with TDI also giving previous overbought signal confirmation on the potential Bullish Butterfly about to form. In my opinion ...

tom_mok tom_mok NAS100USD, 60, Short ,
NAS100USD: NASDAQ Short Setup
60 0 9
NAS100USD, 60 Short
NASDAQ Short Setup

look for short position in this potential pattern confluence

sunildh20 sunildh20 PRO WOCKPHARMA, W, Short ,
WOCKPHARMA: Wockpharma - Harmonics butterfly
30 0 7
WOCKPHARMA, W Short
Wockpharma - Harmonics butterfly

cmp 601 tgt 432-440

PietroCasoar PietroCasoar PRO TSLA, D, Long ,
TSLA: Possible Wave 3 in progress going LONG
114 0 12
TSLA, D Long
Possible Wave 3 in progress going LONG

It seems we have a possible Wave 3 in progress going LONG on the Daily, all the way to the top of the trendline. There is however, a possibility that price action will reverse and form a Bearish Butterfly Harmonic pattern, where a more precise entry setup would be visible, after pinning the Blueberry EMA. Water and Mayo EMAs show current uptrend which would ...

PietroCasoar PietroCasoar PRO TWTR, D, Short ,
TWTR: High Probability SHORT on the Daily for a Bullish Butterfly Conf
77 0 14
TWTR, D Short
High Probability SHORT on the Daily for a Bullish Butterfly Conf

It seems we have a good setup here for 2 trades. The first is a SHORT and the second is a LONG, after the harmonic pattern confirmation. This seems to be a very high probability trade on the Daily for Twitter Inc, where price action has reached a significant resistance area and point in the structure, at the top of the channel/trendline, where a very high ...

j1tfx j1tfx EURJPY, 60, Short ,
EURJPY: (Possible) Bearish Butterfly, EURJPY 1H
54 0 3
EURJPY, 60 Short
(Possible) Bearish Butterfly, EURJPY 1H

This is far from completion, but we have the 2 clues needed to watch out for a possible butterfly formation. We had price hit an 88.6% of XA but not close above; also had the secondary retracement do the same (88.6 touch but not close above). This leads us to a possible extension (leg CD) going up to a 161.8 to a 261.8, with confluence numbers coming in at 1.26 to ...

irasuna irasuna ETHBTC, D, Long ,
ETHBTC: ETHBTC Butterfly Advance Pattern Formation
286 2 8
ETHBTC, D Long
ETHBTC Butterfly Advance Pattern Formation

Waiting for this one to complete :)

123456...Show More Ideas
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder 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 Account and Billing Sign Out