Found Bearish Butterfly Pattern at Fibo extension around 1.27%. My expectation price will retrace first to 0.382% . #TAYOR MYX:ECOWLD
Wathout if price BO from point B. It will formed Bearish Butterfly Pattern when price achieve at point D and price should not below from point C. #TAYOR MYX:WCT
#ICPUSDT $ICP seems is in a long term rising wedge, as you can see support zone is doing its job well and price is still above the support. also in RSI if we draw a support, candles hold the support too. there is a butterfly pattern that if price break out from descending resistance, bulls can go trough the resistance zone to complete this pattern around $65.
I think DXY is building a bearish butterfly form. Although it is not perfect, the number is close to the harmonious number, 0.786, 0.886, 2.0, 1.5. So it is possible to get out of this expectation. At present, there may be about 44% room for the first wave of price rise. Reaching the falling 0.618 may reverse after suffering strong resistance. At present, DXY...
NAS100 - Is about to hit a daily OB, I feel price will reject to the B point or a little lower, creating a liquidity trap to then fill the imbalance before heading up to mitigate the higher and stronger OB before reversing! I May potentially take all 3 trades if price action confirms it! Whats your thoughts?
The Bullish Butterfly it's already complete and the PRZ it's on test by th price right now. Stay tune on that! Rules: 1. Harmonic Patterns Completion ( Bullish Butterfly@1.272) - Complete; 2. PRZ Hit - Done; 3. PRZ Test -In the Process; 4. Terminal Bar - Waiting; 5. Type-1 Reaction - Waiting; 6. Type-2 Reversal - Waiting; 7. Candlestick Reversal Sign -...
This is another sub-trade I will take based on PinBar price action on the daily timeframe even though it looks shy on the chart, so the stop loss should be more close to the entry. I expect a move of 9% tomorrow🤞
Based on DAILY chart, market is currently busy with a temporary bullish correction.. Soon we should expect strong rejection coming from 1.1650-1.1700 area max. to watch bears continuing down towards Butterfly completion point D.. No rush though! Intraday wise we have to first watch and stay alert for certain resistant areas.. This can take time!
Butterfly pattern targets see chart SL at D blablabla blablabla
Hi everyone , how you doing ? so as we can see , there's a bearish butterfly on gbpusd at 1h and the price is also in a resistance zone . after some candlestick confirmations we can probably enter a short position . !!! today there is an economic report about USD (PPI) , so the market might be a little risky , then don't forget about stop loss .
Lots of patterns in play as we approach NFP (Non Farm Payroll) tomorrow.watch politicians make fools of themselves, get deeper in debt ... as world tensions increase. Take your choice, I personally favour the $1710 area as the next stop but who knows. Be flexible and nimble. Not investment advice S.
BABA has lost over 56% of it value in the past 12 months and is now approaching what we believe are support levels. Additionally we have detected a possible Butterfly Harmonic reversal pattern which may give investors some hope, This is a weekly time frame and patience is needed. As usual this is not investment advice. Do your own due diligence, S.
A nice butterfly pattern has completed. open short position.
The Broadening Falling Wedge found resistance at the .5 Pattern Break Target and has returned to the linear break level after a confirmed harmonic pattern. Will the low job number add to growth concerns as Big Tech earnings are up this month?
My plan as stated in chart. By using Butterfly Harmonic pattern the target is around 1.27% Fibo ext. X-A Possible entry when price in range between 0.382% to 0.618% fibo retracement B-C. Pattern invalid if fall below C level. #TAYOR HUOBI:ALGOUSDT
Interesting butterfly pattern setting up on BNBGBP. Its currently making the C-D leg so obviously not a valid pattern just yet. It would have to cross strong structure lines to get to the 'd' decompletion point however this is a structure breaking pattern so possible. Interesting to see where it ends up.
#NIO has been trading for a while in the demand zone, giving great opportunity for low risk entry. And great target potential. Regardless the fundamental analysis, this is just technical analysis. From this price I will start buy small positions and buy more with bullish price actions. ❌ - Moving Averages still bearish, price distance to fast ma 0.50% and to...
Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions...