The Butterfly is one of my favorite Harmonic Patterns for a nice long position. Low Risk with potential High Reward! =) I don't think the Fundamentals are going to hold it down this season. Low Risk Entry: < $35 Targets : 15% 30% 50% Stop Loss: 5% MEME Stock Going to accept Bitcoin Class A Bullish Divergence on the Daily time frame
It seems a butterfly pattern is going to be formed in the BTCUSD weekly chart. If it happens, we will see BTCUSD chart on the prices more than 20K in the early months of 2021.
We can see that the stock is forming probably bearish butterfly harmonic pattern here on Daily chart. Confirmation on 80 RSI level. We will wait and watch it every day, that when i will be forming in blue demand zone. The maximum of supply is 290.00 price at 1,618 Fibonacci retracement level. When it will be forming candlestick pattern SHORT it to the 250 price...
SPX continues higher and tries to break the 2800 handle. In case of a successful breakout, a visit to previous record high can be its next destination. Extremeley bullish? How about new record high just below 3000 as the harmonics suggest? A fail to break 2800 can lead to a short term correction back to 2750.
My view EUR/NZD in time frame D1 Remember to see news high impact for EUR or NZD Thanks :)
TVC:SX5E The amazing price action... -Reversal double bottom; -Major bearish trendline broken, the double bottom "neck" broken, validating the double bottom; -Found resistance at Bearish Butterfly territory; -Two targets for the Butterfly, the second @2933$ (618% retracement) will forge the 2618 bullish setup with initial and default targets around 3600$, the...
First of all this a beginner's analysis. Bullish butterfly on GBPEUR. Im going short and then going long. Input welcome
FX:CADJPY Short the Breakout, buy the Bulls Patterns Bearish Structure Breakout & Eventual Bullish Patterns completion zones. Safe Trades;
#USDJPY Short Idea Butterfly Pattern with Previous Resistance
x1 opportunity on GBP/USD with Harmonic Pattern formations on the 1H time frame. Targets at the 38.2 Fib Retrenchment with stops being at the 1.414 Extension of the C-D leg. Currently Short with the Butterfly completion.
Butterfly pattern completion on 1.272 area of XA and it false on the 50.0 and 61.8 of the downtrend
I am somewhat iffy about this trade as the zone where point D could be is HUGGEEEE. I probably won't be trading a lot of butterfly patterns because of this.
Price has been moving for a long period of time above a slide parallel of a downsloping median line, which has acted as support several tims previously. Looking now at the 240min chart, we see that a bullish butterfly pattern is about to complete above the support parallel. Sl and tp as shown at the chart. If price reaches the first target we move sl at breakeven...
FX:EURNZD Safe Trades... humans :)
The Butterfly Pattern Created by Bryce Gilmore, the perfect Butterfly pattern - here are the rules of engagement for this pattern: Rule 1: The Butterfly Pattern begins with a market move/impulse leg that establishes our X and A points. Once X and A points have been identified, we then look at rule 2... Rule 2: The Market forms B completion point by...
Waiting for valid entry. Bullish trendline has to be broken as long as the pattern is valid.
Potential bearish move coming on FX:NZDJPY