PLTR, Daily , Butterfly Harmonic ShapeNYSE:PLTR
--------------FOR OPTION CONTRACTS --------------
Daily Chart = Min 1-2 Months, Hold 2-4 Weeks
---------------------Disclaimer ----------------------
I am not a financial /investment advisor. All information I am sharing here is for entertainment purposes only and should not be considered personal investment advice. While the information provided is accurate, it may include errors or inaccuracies. Please, do your diligence when it comes to investing or trading in the market. You are responsible on your choice. Thank you
Butterlfly
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.
Harmonic Patterns and Pi CycleI found some large harmonic patterns on the 12h Bitcoin chart that sync up very well with Pi Cycle.
Really good video on Pi Cycle.
Next resistance for bitcoin after 60k
The Targets for both a test of the top of pi cycle are lining up with Wyckoff and Harmonic Patterns.
Crypto-Swing has a good forecast on Wyckoff.
I could see bitcoin pulling back here to the Butterfly targets that would ultimately form another bearish harmonic ending with the top of PI cycle.
SPY- Potential reversal & key levels to watch (Update)SPY looking pretty bearish here (See Previous Charts Below)- Some FIB levels and RSI-based supply and demand zones to keep an eye on-
- Bearish Butterfly Harmonic Pattern Formed
- Decreasing Volume on the 4 hour, daily, and weekly timeframe
- RSI in Overbought Territory
Previous Charts-
Butterfly Pattern on BNBGBP - Structure BreakingInteresting butterfly pattern setting up on BNBGBP. Its currently making the C-D leg so obviously not a valid pattern just yet. It would have to cross strong structure lines to get to the 'd' decompletion point however this is a structure breaking pattern so possible. Interesting to see where it ends up.
GBP/JPY: FIBO PATTERN ANALYSIS | BUTTERFLY | SHORT SETUP ⚡️Welcome back Traders, Investors, and Community!
Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Have a Good Day Trading !
BTCUSDT Butterfly Pattern in Wykoff distribution The Gartley pattern for daily Chart of Bitcoin tether resemble W pattern, that All of swings are interrelated and associated with Fibonacci ratios.
Point B closed bellow 0.618 fibo,
Point D maybe with ration of 0.768 ration will be close in above first resistance in 56895 , and with point at 1.27 ratio above X point in 74863 will be closed, now in Phase (D) wykoff pattern distribution,
with this trend first resistance is 51780.
Butterfly Effect FET/BTC #FET $FET #FetchAIA Bullish Butterfly pattern appears to be forming here on our FET daily chart . Wow! We just dumped out of that triangle/pennant structure we had been in before! It happens in crypto - what can I say ! Every chart dumped when Bitcoin dumped . We were in a triangle type structure before but we broke bearish and went below it . You can see what looks like a letter 'M' on the chart now? That could be what is called a Bullish Butterfly harmonic pattern . Now I should say at this point that this chart DOES NOT fit the butterfly pattern perfectly. But it fits pretty close and if that's what it is then our bottom should be in more or less (though it can always wick a small amount ) . That's Point D of our harmonic . We went there last night . If we break upwards from there our target is the 1.618 fibonacci extension shown on the chart which is at 1398 sats ( where the little X is on the chart ). That would be the target .Now keep in mind if this chart continues to break downwards then it might invalidate this Butterfly pattern and there might be something totally different going on ! We have to let it play out . Things can change quickly in crypto . It is what it is . Now I've had a couple critics of my charts say that "Hey! You were wrong about that triangle ! Maybe you're wrong about this too ." I can only say when Bitcoin dumps many chart patterns will change into something else . It happens . We must be prepared for wild swings in a bullrun year . I'm still learning too , but at least I'm trying.
Also you will notice the name of this chart is Butterfly Effect - this is a concept from Chaos Theory which seems to fit the last couple of weeks pretty well ! It's the idea that one small change in a system can cause much larger changes to happen in that system later . Or put another way that one small incident can have a big impact on the future ! Wow! That fits the times we're living through right now ! Where one small sentence from Elon can cause massive changes in the markets ! But anyway - it would be nice if the dumping is done and we start a rise toward 1400 area. Let's let it play out and see.
EURAUD > Harmonic Pattern, Bearish Butterfly!!I hope you are feeling generous and loving today to give me a like and leave a comment it will really support the creation of new free ideas for you.
Analysis up on #EURAUD
Hello friends.
Another harmonic pattern, a bearish butterfly might complete soon near structure level, good for sells if you follow Harmonics
Safe trading everyone
Check today analysis below⠀
>> One trade must not make you, one trade must not break you
_____________________________________________________________________________⠀
-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you
GBPAUD - Bearish Butterflydeal 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 - Potential Bullish Butterfly The Perfect Butterfly pattern is defined by a B point retracement that an exact 78.6% of the XA
leg to set up the ideal alignment of Fibonacci ratios.
1. Exact 0.786 B point retracement of the XA leg.
2. 1.27 XA projection exclusively.
3. 1.618 BC projection.
4. Alternate 1.27 AB=CD in the PRZ.
5. C point with range between 0.50 to 0.886 retracement.