Potential Idea USDCAD Bearish Zone : 1.32424 SL : 1.32762 TP : 1.31181 BE : 1.32264
Potential Idea GBPNZD Bullish Zone : 2.07154 TP : 2.09124 SL : 2.06349 BE : 2.07415
Potential Idea NZD/CAD Bearish Zone : 0.81308 TP : 0.80232 SL : 0.81565 1st BE : 0.81202
🔍📊 Current Market Overview: I'm closely monitoring the EURUSD pair for a potential shorting opportunity on the higher timeframe. However, at the moment, two buying opportunities have emerged, which deserve our attention. Let's dive into the details: 🦋 Bullish Butterfly Pattern: On the daily chart, we have identified a Bullish Butterfly Pattern with completion...
AUDUSD Bullish Zone : 0.66854 TP : 0.69066 SL : 0.66380 BE : 0.66961
Potential Idea AUDCAD Bearish Zone : 0.88048 SL : 0.88237 TP : 0.87409 1st BE : 0.87939
I saw Harmonic butterfly on FTM lets watch and c. We have 3 main targets as shown in the graph , you can take 75% from your profet and leave 25% to the order block.
GBPUSD has done a Wyckoff Distribution with a 4th hit to the upside to clear out stops and a potential Bearish Butterfly pattern on the H1 timeframe. This pattern could send the price down towards the next LQP 1.25000. I'll wait for confirmation to see how price reacts to this pattern. Will it yield a reversal or a reaction?
There is a Bearish Butterfly on HUT 8 Mining with Bearish Divergence on the CAD pairing and it suggests that we may pull back to try to test old resistance as support before continuing higher later.
There is Bearish Divergence on both the RSI and MACD at the PCZ of a Bearish Butterfly, and there will hardly be any support until we reach the 1.618 Fibonacci Extension down at 18627JPY, but from the looks of it, it will likely be a very fast drop followed by an even faster recovery, but in the meantime the JPY could gain some strength.
There is a Head and Shoulders pattern that has formed at the PCZ of a Bearish butterfly; it is also breaking down the trend line of a Bearish Dragon and the likely target seems to be $129.
Sharda Corp best for short term swing trade gave BO with high volume and retest also done. Entry 520-530 SL 472 target 596 and 670 with in next 2-6 months.
Potential Idea : EURGBP Bearish Potential Zone : 0.85950 Potential INV (SL) : 0.86193 Potential Exit (TP) : 0.85178 -Tend break -Fibo Break (0.886) -Market Structure Break -McGinley Break
Gold has Double Bottomed at the PCZ of a Bullish Butterfly that is visible on the 1 Hour time frame; if it plays out it could go up to at least $1,958 and at most $2,022
FX:GBPAUD forms a reversal pattern at the base and support of the lateral range of 1.86094. The implementation phase of the set-up leads to the strengthening of the currency pair to 1.88950. The technical pullback begins, which may reach the retest of SMA-200. The price is inside the range. From the support we see active price strengthening towards resistance....
Risky set here in CRYPTOCAP:BTC , stop just below 414 extension, targets are shown, Tp1 move stop to break even, aim 2/3. Can consider a smaller position and use 1.618 as stop. Always keep a runner for higher targets especially with he butterfly pattern. GL and let's see
Ive never used butterfly patterns but thought this looked close to one....Perhaps it's possible 🤔 If you could offer any insight I'd appreciate it, thanks