BTCUSD - Harmonic Pattern - ButterFly
Comparing with the standards of the ButterFly pattern, we see many matches (in %):
AB/XA = 78.6, exactly
BC/AB = 78.6 belongs to 38.2-88.6
CD/BC = 223.6 belong to 161.8-261.8
CD/XA = 161.8 belongs to 127.2 - 161.8
DE/CD is about 45, belongs to 38.2-61.8.
AB/XA = 78.6, exactly
BC/AB = 78.6 belongs to 38.2-88.6
CD/BC = 223.6 belong to 161.8-261.8
CD/XA = 161.8 belongs to 127.2 - 161.8
DE/CD is about 45, belongs to 38.2-61.8.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.