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Bullish Butterfly

nzdjpy Bullish ButterflyThis is a potentially huge trade. I am looking forward to watching this pattern form over the week. I am starting to see patterns forming on several pairs. I'm not going to bore you with a ton of detail. All the info you need is on the chart. I'm off to find several more potential trade set ups. Remember 1-5% per trade and a whole lot of patience will grow your account faster and faster. If you want to learn how to find great patterns like this one message me and join the planets hottest and fastest growing fx team!
Long
by mortonmarket
BTC in ABC Corrective SHORT, before Reversal to LONGIt seems that BTC is in an 'ABC' Corrective move SHORT and has almost completed waveA, as per my correct analysis (see below in the related ideas link). WaveB will most likely be the target from the Bullish Butterfly Harmonic see below in the 1 Hour chart. From here there should be a LONG to the end of WaveB (Either targets #1 and #2 - But in my opinion Target 1 will hit only), before the next run down SHORT for WaveC. Based on my calculations, WaveC SHORT has 2 possible Reversal Points, See the Daily Chart. 1) SHORT to the Reversal #1 (High Probability) may be the '$5,000' range where a major Flip Zone exists, here I will make another Entry and purchase LONG more 'BTC' before the $7,000 ~ $9,000 target is reached. 2) SHORT to the Reversal #2 (Low Probability) may be down to the '$2,800' range where Major Support exists as well as a confirmation of a Bullish Cypher Harmonic. This would be the perfect entry to purchase significant amounts of 'BTC' as a reversal at this point will be hard and fast, all the way up to the $9,000 range during December 2017. 'TDI' on the Daily shows sharkfin and blood in the water completed, with RSI coming out of the Overbought zone and has a downward direction. EMAs are still pointing upwards on the Daily which suggests continued upward trend, as well as the Mustard and Ketchup EMAs, have not yet crossed on the daily. In my opinion, price action most likely may Pin the Water EMA (50 EMA) and will reverse at that point. However there is also the probability that the Bullish Cypher Harmonic may confirm, which will mean a significant drop in price, all the way down to the '$2,800' area, however, in my opinion, this is low probability to keep in mind. Note: That will NOT be a Crash, it is called a CORRECTION, nothing to worry about if it happens. Professional traders use corrections as a good entry to LONG this Crypto, for additional profit. Amateur traders will panic sell this which will drive the value down faster. ---------------------------------------------------------------------------------------------------------------------------------------------------------- DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar. This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out. .....::::: If you like this chart, please click on the THUMBS UP! :::::..... ----------------------------------------------------------------------------------------------------------------------------------------------------------
BITSTAMP:BTCUSD
by UnknownUnicorn661419
5
NZDCHF BULLISH BUTTERFLYThis is looking like a great trade forming. I have to be honest this is one of my favorite pairs to trade! We are past the C leg and on the way to the D leg on this 4hr timeframe. Notice the large number of candlesdticks within this pattern. This spans over several months actually starting to form back in May 2017. What this means to me is A LOT OF PIPS!!! It also means patience is required and proper entry is important. I will keep this trade updated as I am already anxious to jump in this one with a 2-3% risk. Thank you for taking the time to look at my ideas and I hope you will follow me for dozens and dozens of future ideas
Long
by mortonmarket
Soybean Following Uptrend Bullish ButterflyNovember Soybean is following an uptrend. Although today was bearish and probably the next two days next week, we should see another round of buying. Soybeans got hit on the USDA report so not too sure how high this will go. This may be a simple three drives pattern and double top rejection. R1 becomes resistance. Trendline becomes support. Next downside target is at pivot at 955'2, then trend. If trend broken and stays below trendline at the end of the day. S1 at 925'3 will be the next target. Bullish Butterfly is the pattern. "With production looking a little bigger, futures should battle to hold Aug. 31 lows. The best chances for rallies in the short term come from weather in Brazil, where conditions are dry ahead of the start to planting Sept. 15. " www.farmfutures.com
CBOT_MINI:XKX2017Short
by hopscotch
Bitcoin - Harmonic OpportunitiesThe crypto market is shaping up nicely this week and I'll be ready to capitalise on several price drops very shortly! Today I'm looking at BTC/USD on the 4 chart with two harmonic patterns forming at different price levels. Blue, bullish butterfly. The measurements for a valid butterfly pattern are detailed below. B: 0.786 C: 0.382 - 0.886 D: 1.618 - 2.24 X to D: 1.272 Black/Grey, bullish crab. The measurements for a valid crab pattern are detailed below. B: 0.382 - 0.618 C: 0.382 - 0.886 D: 2.618 - 3.618 Final X to D: 1.618 Right now price is dropping heavily towards the completion of the bullish butterfly at $3435, in this area I'll be looking to go long and take advantage of a jump in price. I will more than likely buy Syscoin at the same time to maximise potential profit, you can check out this idea below. Depending on future movement we may see the bullish crab complete just below the previous high at $3000. I'll be updating this idea as it progresses, I hope you all have an excellent weekend when it comes.
BITSTAMP:BTCUSDLong
by LewisGlasgow
22