Potential Bull Butterfly pattern @ 1.46420Hi, hopefully we are just about to get filled here on a long position, on a bullish butterfly pattern.
Targets will be the 0.382
Bullish Butterfly
Long EURUSD : 3 Bullish patterns in same zoneHi Guys...
We got 3 Bullish patterns ending in same zone, so we can expect a move up once EURUSD reaches 1.09200's. In this particular trade your risk will be very minimum bcos X point is so close to D points completion, so if you are pattern trader initiate long positions in EURUSD and enjoy the trade...
Thanks for your Support...Happy Trading !
GBPNZD H4 range breakPA is still in channel. Break to the downside has 2 targets, 2.07665 and 2.05053, that's if PA breaks the channel. Upper range break would target 2.13550 and perhaps 2.14570.
Keep in mind the weekly chart where a pennant is forming and the bullish bat completion at 2.00 is in progress!!!
GBPNZD Bullish Butterfly Countertrend OpportunityPotential Reversal Zone at 2.1236 with potential targets at 2.1640 and 2.1885. For the brave souls that choose to take this trade, stops should be below the 2.1075 level.
Countertrend Bullish Butterfly with Low Risk The Potential Reversal Zone on this butterfly pattern is right above a previous major low. Because of this the risk is tiny compared to the reward. (1:10 for target 1), (1:18 for target 2). Entry at 27.74. Stops below 27.56. Potential targets at 29.95, and 31.37.
NZDUSD SHORT HARMONIC ENTRY???NZDUSD recently broke lower and offers a large move to the downside for 400+ pips!!! If you're looking for a way to short the larger move, perhaps this Bull Butterfly is the answer...
I will likely post precise entries.
Bull Butterfly has 70+ pips of upside potential
400+ pips of downside after Bull Butterfly retrace...Good Luck!!!
KEEP THE RADARS UP!!!
GBP/JPY Bullish Butterfly with Piercing Line patternA Bullish Butterfly pattern has formed on the Weekly chart of the GBP/JPY. Point D formed between the 1.272 and 1.618 extension of XA. Point D is @ 1.519XA. Pattern data is on chart as well as Fibonacci Retracement targets. Remember, this is Weekly chart, be patient. Manage you risk. Stop should be place BELOW piercing line pattern. Happy Trading!
EUR/USD H4 - Still in rangePrice still in range, trying to break support at 1.0806, a bullish B-fly projection emerge and could retest support at 1.0718
Note: Bearish bat projection (green) on D1 chart (see link for more info)
eurusd bullish butterfly, ahead for 1.045Now that the head and shoulder pattern is confirmed and the 1.08 has been broken a bullish butterfly could be the next move on this pair.
Still some important decelerating data need to be released from the eurozone !!!
GBPAUD BULL GARTLEY & BULL BAT POSSIBLEWe're in the zone of a Bull Gartley completion which may or may not work out. Regardless, all signs point to continued shorting possibly after brief retracing!
Looking for buy signals when the Bull Bat completes before going long...
250+ pips to downside...Good Luck!!!
KEEP THE RADARS UP!!!
AUDJPY BULL BUTTERFLYUpcoming long opportunity that could go much higher with an upper break of this flag channel!
40+ pips to the upside...Good Luck!!!
KEEP THE RADARS UP!!!
Long AUDUSD: Wolfe, Bat, Trendline, Butterfly & Unhit PivotsAUDUSD is nearing the PRZ of a cluster of bullish patterns. A large bullish bat contains a bullish butterfly in its D leg. In the PRZ of these two patterns, a bullish Wolfe wave setup has been completed. A D1 trendline sits at the base of the PRZ and may act as support when price reaches this area. To add to the bullish bias, two unhit pivots sit above price. SL is set below X of the large bat pattern. Targets are placed at the 382 and .618 retracements of the bat CD leg.
Confluence in the PRZ
Bullish bat pattern completion
2.24BC projection
2AB=CD
Bullish butterfly pattern completion
3.382BC projection
1.5AB=CD
Bullish Wolfe Wave setup
Strong D1 trendline support
Unhit daily and weekly pivots above price
D1 Trendline Support:
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EURJPY BULL BUTTERFLY & CRAB CONFLUENCEAs shown, we have 2 patterns terminating at the same general area! Let's see how it plays out...
250+ pips to long target...good luck!!!
KEEP THE RADARS UP!!!
Long GBPAUD: 5 ReasonsGBPAUD has formed a tight PRZ where a series of bullish harmonic patterns have completed. There is also an unhit weekly pivot above price which may help drive price upward. SL is placed below .886XA with targets at .382CD and the unhit weekly pivot which coincides nicely with .618CD.
5 Reasons to Buy:
1. Bullish Gartley pattern completion
2. Bullish crab pattern completion
3. Bullish butterfly pattern completion
4. Bullish RSI Divergence
5. Unhit weekly pivot above price
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Long EURAUD: Butterfly Complete at Trendline SupportEURAUD has entered the PRZ of a bullish butterfly pattern. A strong trendline will provide support at the entry. A missed pivot cluster lies above price around .618CD which provides a target with a large R/R. SL is placed below S/R.
Confluence in the PRZ:
Bullish butterfly pattern completion
Long term trendline support
1.27AB=CD
1.618BC projection
Missed pivots cluster above price
Trendline Support:
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EURAUD BULL BUTTERFLY SETUPLooking for bullish activity in the red zone!
200+ pips to target
KEEP THE RADARS UP!!!
LONG USDCAD: Possible Butterfly Complete at Trendline SupportUSDCAD may potentially be completing a bullish butterfly pattern at a key support trendline that dates back to May, 2015. At the butterfly completion point, there are three key levels that are precisely confluent: 1.272XA, 2.24BC, and 1.5AB=CD. To add to the bullish bias, MACD and momentum divergence are present on the 1HR TF and an unhit daily pivot sits above price. This pivot provides a nice target as it coincides with the .618 retracement of the butterfly CD leg. SL is placed below the long term trendline support.
Confluence in the PRZ:
Bullish butterfly pattern completion
Long term trendline support
Bullish MACD Divergence
Bullish momentum divergence
Unhit daily pivot above price
1.5AB=CD
2..24BC Projection
Thank you for viewing!
Long EURNZD: 10 Reasons!EURNZD is completing a conglomerate of potential harmonic patterns to produce a highly confluent kill zone. In addition to a host of pattern completions, there is added support from a long term trendline and another strong S/R area further below price. SL is placed below the S/R area and targets placed at the .382 and .614 retracement of CD.
Confluence in the PRZ:
1. Bullish Gartley pattern completion
2. Bullish crab pattern completion
3. Bullish deep crab pattern completion
4. Bullish butterfly pattern completion
5. 2BC Projection
6. .786XA
7. 2.13AB=CD (Coincides with its .886AB reciprocal ratio)
8. 2.618BC Projection
9. Long-term trendline support
10. Strong S/R area
Thanks for viewing and please don't forget to take a second to click the thumbs up button and follow for future updates and more trade ideas!
GBPAUD Bullish Move w/Bat Pattern EntryGBPAUD is in a bullish trend in an ascending channel and it looks like we have the potential for 2 different bat patterns or a butterfly.
If the bullish bat (in black behind the blue butterfly) completes, we're looking at entry around the 1.8930s. The next level of support below the impulse leg (XA) is right around 1.8700 so we might see the market test that level before resuming to the upside. If we do then we can use that psychological level and a butterfly pattern as entry, with a tight stop. Either of these moves will be breaking to the downside of the channel so the channel bottom might become resistance, forcing the trend to be bearish.
If the red bearish bat completes, we're looking at entry around the 1.9580s, but I suspect that if this happens the trend will resume to the upside, so I might look to get long in the 1.9300s.
