• Precise 78.6% B point retracement of XA leg. • BC projection must be at least a 1.618. • Equivalent AB=CD pattern is minimum requirement, but the Alternate 1.27 AB=CD is the most common. • 1.27 XA projection most critical number in the Potential Reversal Zone (PRZ). • No 1.618 XA projection. • C point within range of 0.382–0.886 retracement.
NZDJPY has lots of trading opportunities hidden in this pair. If you have learned to trade, you can do your analysis and see what kind of trading setup you can spot. Well, there is one for you, a Bearish Butterfly Pattern complete at 78.78.
First of all I think price will drop to B (78% of XA) due to bearish rectangle pattern then will rise to C (61.8% AB) and then will drop more to D and finally it's going to complete our Bullish Butterfly pattern and AB=CD. Previously price touched 61.8% of XA but I think we're going to see 22704 ( 78% of XA ) due to I think this is a Bearish AB=CD pattern. You can...
Progressive (PGR), the third-biggest auto insurer in the US. Progressive has been growing its premiums at mid-teens with combined ratios below 91% over the last several years. (from Seeking Alpha) Harmonically we are at an interesting juncture where there appears to be a confluence of two Bullish Harmonic Patterns. We are also at a .618 of the recent range...
Nike had great earning June 24th which created a $15 gap. Now we are $10 higher, Presently there is confluence of 2 bearish harmonic patterns. A short candidate if the market starts to roll over As usual, do your own due diligence A close under $155 might get my attention. Note: Crab patterns can extend to the 1.82 area which is approx. $166.50 Good Luck S.
Trending price action . Bearish butterfly 🦋 has to complete move to C tp:736
USDTRY will gone moon ! USDTRY Where will be arrived? USDTRY BULL prive movement prediction ready i believe that . USDTRY mine own perspective so what's your consideration on the price movement please comment in the below section .
LONG-TERM: Bullish butterfly PCZ bounce off an iceline, descending broadening wedge, classic bullish divergence. (not financial advice)
// Personal memo Completed butterfly, sell until reaching support from longer term uptrend
Pure Harmonic Bearish Butterfly Identified using Scott Carney's HPC
In this video I go over the Daily and 8 hour charts to review whats happened and what I am looking at for signs. After reviewing those 2 charts, I go over a 15 minute chart to see what stands out and then I draw some fibs to watch.