A Bullish Butterfly Pattern retest give traders who were looking for buying opportunity to engage the trade. What I like about this setup is that a clear RSI Divergence is within the butterfly pattern
SOFI is currently trading and forming a Bullish Head and Shoulders at a shared confluence zone between the log scale 1.618 and the linear scale 1.272 Fibonacci Extensions which in both cases would be the PCZ of a Bullish Butterfly; While it is possible that it could go deeper into the linear 1.414 Extension I do believe that the action we're seeing from the price...
- Negg is an interesting stock with the potential of great returns in the future - Right now it seems prime to have a small run, depending on the overall market situation
GOLD has formed an advanced harmonics pattern butterfly bullish on its hourly chart. The price is trading the EL: 2026.81. ST: 2036.00 Targets: 62% AB: 1996.48 79% AB:1985.42 127% AB: 1954.70 162% AB:1931.97
Hi, dear friends hope you are well and welcome to the new trade setup of Tranchess (CHESS) token with BTC pair. Our last successful trade of CHESS was as below: Now on a daily time frame, CHESS has formed a bullish Butterfly for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop...
Long term I am Bearish on DXY, with De-Dollarization happening in the world especially BRICS countries preparing to create a new currency to use for trade amongst them and 24 other nations joining them. So, we will see the dollar lose its value over the next few years. But in the short to midterm (Few Months to a year) I am seeing a nice bottom form for DXY. I...
the detail is shown in the above Idea. I made this Idea based on Candlestick Analysis and Harmonic pattern. EURAUD Butterfly Retrace For First Time at F 1.13 and we can expect that EURAUD Reverse Trendline completely at second level F 1.41 and EURAUD will fall to the ground. I hope this idea is useful for friends and Exchange Currency traders.
Butterfly pattern detected Will try to take the wave from C to B We have bullish OB expected the price to bounce from there to butterfly target mentioned in chart
BITCOIN (BTC) started to move in a bullish direction after a noticeable downfall. However, there is a big resistance zone which can stop BTC to move further in a Bullish Direction. Therefore, this trading idea is designed to capture the reversal trend using Harmonic Pattern Technique. Bearish Butterfly Harmonic Pattern is forming on one hour time frame and it is...
Long term I am bullish on Gold, it should be able to break 2100, but for now it should range in 1800s to 2050K for next few months. I am currently in a short trade from 2043 and plan to ride it to low 1900s at least , then I will reassess. For now, I am looking at these setups.
Bitcoin on the 4 Hour has printed a Double Bottom with Stopping Volume on the Second Bottom at the 1.414 PCZ of a Bullish Butterfly and at the 100 Period Simple Moving Average. I am still fishing for a Waning of the 4 Hour MACD Negative Momentum so confirm the entry and will be using the 1.618 and the 200 SMA as a line in the sand that price must hold above.
Bitcoin on the 4 Hour has printed a Double Bottom with Stopping Volume on the Second Bottom at the 1.414 PCZ of a Bullish Butterfly and at the 100 Period Simple Moving Average. In the next 2 minutes we will see the current 4 hour candle close and a new one will begin which is where it will show rather or not it wants to confirm the waning of Negative Momentum on...
This trading idea is designed to capture the reversal trend using Harmonic Pattern Technique. CARDANO ( ADA ) is moving in a Bullish direction and is expected to take reversal from Potential Reversal Zone (PRZ) shown in the chart. Bearish Butterfly Harmonic Pattern is used to identify the projection from its current price whereas Long Trade Setup is given to grab...
Looks like Opendoor's stock is shaping up to form a Butterfly pattern! If you're familiar with this symmetrical chart pattern, you'll know that it can signal a potential reversal in the stock's current trend. So, for those of you who believe in the power of technical analysis, this could be seen as a bullish signal for Opendoor's future stock price. Of course, as...
Gold is showing some MACD Bearish Divergence at the PCZ of a Bearish Butterfly while at the same time the RSI seems to be thrusting it's way upwards, but the thrusts we get up in price are shortening as we trade into the Pattern Completion Zone of this Bearish Butterfly. If things go as expected, we will see Gold reverse big from here and likely undo the entire uptrend.
ALGUSD formed a bullish butterfly pattern and the harmonic ratios on pattern are almost very close to the original pattern. Although it came down a little but if it holds the Potential Reversal Zone (PRZ) then this bullish butterfly pattern is intact and if the neckline is broken then the bullish trend will start.
TRON/USDT looks to be forming a bearish reversal pattern, Butterly. Pattern will only be confirmed after breakout of Point B where we are looking to long until Potential Reversal Zone (PRZ). We are expecting price reversal from Point D or PRZ creating lower highs and lower lows!
A bullish butterfly pattern can be seen in GALAUSDT 1H TF. We have taken a long entry at the current price. TPs and SL are defined. Cheers.