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Bullish Butterfly

GBP/AUD: Bullish Butterfly patternGreat Britain Pound forming a bullish butterfly pattern with all measure that I use personally my Fibonacci for Harmonics. So, as EMA 21 and 50 cross right now, this it's signal of bullish reversal. Now, in H4 timeframe I share this analysis with RSI. because RSI forming a lower high and price action it's in the demand zone that if you see in H1 timeframe, Pound can to climb up. And finally, I share my Daily perspective that could to happen. But Pound could to go back to $1.8120 AUD (Australian Dollar). Also, for tomorrow it's very important to check our economic calendar and much more about news about UK and Australia news that affect their economies. But now, in H1 I will being to be cautelous to find up key level that maybe Pound could to make a stop in the trend. Because if we look the -0.618% of Fibonacci, it's an important resistance zone that Pound could to hit $1.8006 AUD exactly in that price and this can be a benefit of 78 pips. But in case that Pound continue strenghten, we could to get over 250 pips in this single trade at the target of $1.8125 AUD. But being cautelous in that key zone of H4 timeframe becuase Pound could to hit until $1.8036 AUD approx. and then can to make a drop to continue in this bearish movement. And also, take note in both timeframe: H1, H4 and Daily timeframe to monitoring this trade to have good decision in this trade.
Long
by harisonhbn9718
4
CADJPY - Bullish ButterflyWOW! CADJPY is our trade of the month. First, we engaged the trade on a Bullish Crab Pattern and before the Crab Pattern has even moved towards the direction that I was trading. I'd also spotted the Head and Shoulder opportunity to buy. With Trade management, that trade easily brought us 280pips(approx. 2,800USD/lot traded) of pure profit If you trade Type2 Pattern, on the 4hourly chart, we have a Bat Pattern to complete at 90.12. Well, if you are like me, when there's an immediate pattern and you prefer Type1 Pattern over Type2 Pattern, the Bullish Butterfly Pattern completed at 89.63 on the 1hourly Pattern.
Long
by RaynLim
BTC/USD: possible reversal into this demand zoneBitcoin it's in the demand zone, so, it's very easy to look and know this perspectve. We forming a harmonic pattern called Bullish Butterfly. Also, I look a risk/benefit 1:3. It's excellent to find up a long posiiton in Bitcoin to buy. But I want to buy in the market limit at $46,500 USD. Also, we look a bullish divergence in RSI and price action, but as I said here, I will put a buy order limit at $46,500 USD. Now guys, I look an interesting formation in Daily timeframe in the price action. If we closed up in this bullish candlestick today in 2:40 hrs more. We could to look a bulish reversal until $52,140 USD approx and then, look at this supply zone if Bitcoin will break up this resistance level. But I put a buy order limit, and also, I will check the Daily timeframe to know how the Daily candlestick close
COINBASE:BTCUSDLong
by harisonhbn9718
BRGO Logscale Bullish ButterflyThe PCZ here is massive and because of that overall i wont be dedicating much of my account to this trade since this is a dangerous penny stock that shows no promise other than the potential logscale harmonic pattern presented on the chart; I personally will buy $500 worth at the 1.272, another $750 at the 1.414, and a final $1000 worth at the 1.618. I dont plan on using a stoploss for this trade which is why the amount i m going to invest is so low but in either case that's still alot of share so it's worth a shot.
OTC:BRGOLong
by RizeSenpai
Bullish Butterfly on FTMBullish divergence which saw a pop out of the PRZ on the bullish butterfly. Didn't quite touch the 1.27, but to me that shows strength. Nice volatility spike with the fisher off of the lows, shows conviction. BBWP looking a little top heavy, so we could just be taking a breather here. Always a possibility we come down and retest that area though. I am looking for the test of the first target at 2.43, with the second at 2.6181. Anything above that, I would be looking for this to make a new ATH.
Long
by climbing_stars