Triangle breakout. Corrective uptrend. I'm expecting at least 3 days in an uptrend of the macro correction. Based on Elliot the price action is in a wave 4 zigzag correction. targets predicting daytrade at least 32.6k. Symmetrical triangle and Fibonacci confluences. Beautifully bullish.
Meanwhile we wait for the big bat pattern to materialize, at this moment there's a butterfly pattern on a small time frame, because of it we know the market is behaviouring bearish. So we could look for bearish positions. Target would be the possible entry for our bat pattern. Do you have any other ideas? let me know on the comments.
There's a butterfly pattern (extended B point) and it has already hit the PRZ and entry point. Bearish candles confirm that the price has found resistance. So it would be a good idea to look for short positions. Target would be 1.2915 in which is the first TP.
USDCAD_D1, Bearish Butterfly Pattern Formation Market will be down from this zone. Like and follow me. Thank you...
XAUUSD- BULLISH BUTTERFLY 4H CHART Buy around 1834 SL 1821 Target 1871 (ALMOST 1:3) Kindly enter in trade when any Bearish or reversal candle is seen at the entry price 👆🙏 best of luck
Butterfly and AB=CD pattern has been spotted on EURGBP. It will be a good opportunity to sell here.
Butterfly pattern spotted. We're aiming to TP 2, but going to TP 1 it's okay and protect when it goes to TP1.
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...
We are at a PCZ of a Bullish Butterfly printing a Potential Right Shoulder of an Inverted Head and Shoulders Pattern Visible on the Weekly with a bit of Bullish Divergence to top it off. My Stop loss will be below 10 cents and my TP will be above 30 cents.
My favorite Harmonic pattern, Butterfly ... The Butterfly Pattern®, The general extension structure of the Butterfly Pattern® was discovered by Bryce Gilmore. However, the exact alignment of ratios was defined in Scott Carney’s 1998 book, “The Harmonic Trader.” This has become the industry standard for the structure. Scott’s ideal Butterfly Pattern® requires...
Public Journal #2 Quick glance at GBPUSD, while I don't look at this pair, a friend of mine, asked me to show what I see currently on this pair. To the public, this could be a free signal ;).
NZDJPY has been trending up for a long period of time, so I know price will pullback eventually. I've noticed price has now entered a consolidation phase, due to price being exhausted from the endless uptrend, in that consolidation, price has done the peak high, so any short scalpers are now coming into play and trade away from the high. There is a support level...
This butterfly is ready to fly backed by good YoY & QoQ results
CADJPY is on a Bullish Trend, trend traders could wait for a Bullish Butterfly Pattern that form on the 4-hourly chart for a buying opportunity. Should that happen, I will need to see a 3-bar reversal at 96.90.
Gujgas made bullish butterfly pattern on an hourly charts with very good above average volumes & with increase in OI. Could be bought with mentioned stoploss & targets.
#SLP/USDT $SLP broke down from support zone and need to confirm it as support, also it shaped butterfly pattern. 🐻 price can drop more to support zone between $0.011 and $0.009. 🐻🐻 break down from support zone can drop price more to $0.003 to complete Butterfly pattern. 🐮 holding the support zone of $0.009 and break out from resistance zone around $0.018 will...
Sbin made bullish butterfly pattern on an hourly chart with decent volumes & mammoth OI in 500 CE & trading above 500 hints at massive short covering. Could be bought with mentioned stoploss & targets. SBI 500 CE cmp 20 stoploss 17.20 target 25.