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Butterfly
NZDJPY - Bullish ButterflyIf you had joined us last night, you would have seen how we use the Double Top Retracement zone and project a Bullish Butterfly completion that hit our final target level.
The market sort of did a rebound after it "woke up" from the ungodly hour.
Check out the live stream and you can see how the analysis was done at , you could watch from the start and learn how the zone was plotted.
www.tradingview.com
PLTRDISCLAIMER:
I am not a financial or investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed, or implied herein, are for entertainment purposes only and should not be construed as personal investment advice. If you decide to invest, please make your own decision, or contact the specialists’ institutions. Thank you
$VUZI, DailyDISCLAIMER:
I am not a financial or investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed, or implied herein, are for entertainment purposes only and should not be construed as personal investment advice. If you decide to invest, please make your own decision, or contact the specialists’ institutions. Thank you
Harmonic patternIn case of breaking the blue diagonal line from above, the probability of forming a harmonic pattern of bear butterfly type and climbing up to 320
IOSTUSDTPERP LongI saw the Butterfly harmonic pattern on the IOSTUSDTPerp in 1H TF. The price is perfectly re-testing the current support. Once rejection on the support is confirmed it is safe to enter the trade. If you want to enter the trade, please don't use more than 1% of your capital and manage your risk wisely.
FTCH LONG PT38NYSE:FTCH
FTCH Looking good on daily ,4/Hand 1/H.PT$38 BY NEXT 2 WEEKS. LONG May hit $41.
BTCUSD - Bearish ButterflyIdeal Butterfly pattern elements:
• 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.
GBPAUD > A Possible Bullish Harmonic Butterfly Pattern!Hey traders, kindly support the idea push the like button, share, and comment below.
Analysis of#GBPAUD
A possible bullish harmonic butterfly pattern might complete soon near a strong demand level to provide a reason to get in a buy trade if the rules for entry are met.
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Disclaimer: This information is not a recommendation to buy or sell. It is to be used for educational purposes only**