Bullish Butterfly
UsdJpy Daily trendline + Bullish harmonicUSDJPY has been bearish as projected in my last post. We are looking to see UJ reach the D point where it meets a confluence of a D1 trend line as well as an H4 bullish harmonic. Rally of price is expected strongly at this D point. I expect level 3 behavior at that point culminating in a strong buy.
GBPUSD-Weekly Market Analysis-Nov18,Wk5UK Pound still on its bearish run, we have took extended target on this Bearish Bat Pattern and we are glad we did.
Target 2 hit a total of 107pips profit.
As for counter trend trader, do note on the black line that seems to be a strong support, if it is broken, it may extend lower. As for me, I would need additional confirmation before engage on this counter trend trade.
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GBPUSD potential bullish and bearish butterflyGBPUSD potential bullish and bearish butterfly
suggest to wait for confirmation
either short at around 1.288 or long at around 1.267
GBPUSD - Weekly Market Analysis - October 2018, Wk 4GBPUSD on the higher timeframe it is on its bearish move. On the H4 chart, interestingly the entry price for the bullish butterfly(cyan) is the exact price I'm exiting my Target2 on my Bearish Butterfly Pattern Type 2 Trade.
I will wait for the candle form up based on H4 chart and that will help me decide should I engag a counter-trend trade?
And if I did, should i engage base on Bullish Butterfly or Bullish Bat.
Actual decision will be shared to my inner circle.
On H1 chart, I am waiting to see if there is any bearish signal for me to short GBPUSD to the target.
Trade Ideas Position: GBPUSD Butterfly or BatIf you are in my inner circle, you should know that I'd already shorted GBPUSD and it has already attained 204pips as the 1st target has been achieved, waiting a bit more for target 2 to be fulfilled.
What's interest me more is that my target 2 completion ends at a butterfly completion.
Yes, I can turn and reverse the trade the trade and go long straight or I can wait for 14pips for a Bullish Bat to complete.
Which will you choose?
Well, I've already decided and will be posting this in my inner circle group.
Great that it's an H4 Chart, I can wait and decide at 1pm, 5pm, 9pm(+8GMT).
Timeframe does matter.
AUDUSD is Forming BULLISH BUTTERFLY on WEEKLY CHARTHey Everyone,
AUDUSD is Identified with HARMONIC PATTERN - BULLISH BUTTERFLY on Weekly Chart
currently on M30 Chart there is Bearish BUTTERFLY and Hence it's not Ideal to BUY AT Current price
wait for a minor correction in order to get in,
These are the preferences,
BUY AUDUSD - 0.71627
STOP LOSS - 0.68965
TARGET - 0.78979
More updates will be posted under this thread,
have any doubts? then, let us know in the comment section below
and make sure to give this analysis a Thumbs UP +_+
Trade Ideas Position: AUDUSD ButterflyIt's a counter-trend trade, waiting for re-test for me to engage for a long opportunity.
Exact Entry, stops and targets will be shared with my inner-circle group.
Bullish butterfly AUDCADOn the 4hr chart AUDCAD a bullish butterfly has formed. Perfect set up for great swing to the upside. Use proper money management.
AUD/USD - Bullish Butterfly almost completedAny moment we expect the price to form the bullish butterfly. It has the exact numbers, so if everything is right we should enter long with relatively high lot size. Good potintial profit for small risk. Worth it!
Long Aussie DollarAUDUSD reached its support level, with a rejection candle and a Bullish Butterfly at 4 hour chart formed.
With the falling trendline and falling channel, the reversal trade are targeted at 0.7265, 0.7305 (61.8% retracement) and 0.7355.
GOLD POTENTIALLY TO SET BULLISH BUTTERFLY PATTERNIn the long run Gold potentially to set Bullish Butterfly Pattern, if the pattern is finished with the length of CD between 1.61 - 2.24 fibonacci retracement of BC' (Potential Reversal Zone, between $ 819/oz to $ 972/oz) then there is an opportunity for gold price to reverse the trend, the pattern will fail if the price move back above point A ($ 1375/oz)
USDJPY potential bullish butterfly..50 pip moveLooking at a potential bullish butterfly about to execute... we will see though...price is lining up with prior support from July, price / time appear close to symmetrical, and all the higher time frames appear to be oversold according to the stochastic indicator..will update if trade is executed.
EURUSD Shortterm Recovery and Long OpportunityBullish Butterfly as described on the chart.
Details are published on the web site.
GBPUSD - Potential Bullish Butterfly Pattern on H1 ChartHi guys, it's been quite a while.
A potential bullish butterfly pattern might be forming on H1 Chart.
RSI is on it's way to oversold level.
R:R at 2.4 (TP1) and 3.6 (TP2). Good luck.
Bulish Butterfly on USDJPYOn the 4hr chart a bullish butterfly has formed. Giving us an opportunity to buy. Look for an opportunity to buy. Cheers
Trade Ideas Position : GBPUSD H4 ButterflyExtensive depreciation of GBP also known as UK Pound due to brexit and this creates an emerging Butterfly Pattern. Looking to engage this as my filter start to give the signal to do so.
Bullish Butterfly on GBPCADOn the 4hr GBPCAD a bullish butterfly has formed. I expect price to go up from this price level. Look for bullish evidence before going long.
Bullish Butterfly has formed on GBPUSDOn the 4hr chart we see a bullish butterfly has formed. This is a good opportunity to look for bullish evidence before going long.
GBPAUD - Bullish Butterfly - RISKY!A nice Bullish butterfly has formed on an important weekly support level.
OBV divergent, RSI in potential bounce zone.
I like this trade from a strictly TA standpoint, however the mostly bearish sentiment regarding Teresa May and her Brexit struggles has me waiting on the sidelines until reversal from PRZ or fundamental news that confirms a more bearish Aussie or a bullish Pound
Watching AUD unemployment data tonight and GBP retail sales tomorrow morning.
