Hello traders, it appears XAU/USD is now forming a bullish butterfly pattern on the 1h chart in addition to a bullish 5-0 which I posted on here at the beginning of February. You can see more on this analysis below. Two valid harmonic setups are forming in the same area, the bullish 5-0 at $1,300 and the bullish butterfly at $1,295. The measurements for a...
As described in the chart. Breakout and close below the Neckline would validate the patterns.
As described in the chart
Hello amazing traders! I wanted to briefly show the bullish butterfly pattern on the daily chart. It also shows up well on the 4 hour chart, but the daily is best to visualize everything. A bullish butterfly is not just a random drawing some guy came up with decades ago. It's an important chart pattern which relies on a confluence of fib lines coming together. To...
Follow me or check the related ideas below to learn more details on CADJPY Good luck
Hi guys, tonight I am looking at a bullish butterfly on Bitcoin/USD. On the way up back in June 2017 we saw BTC hit resistance at the $7600 level, which them turned to support before price continued northward. Our PRZ lands at the $8200 mark, where price briefly bounced for 5 days back in November before proceeding to create new highs. As you can see from my...
The bullish butterfly harmonic has been fulfilled and is now sitting along a fib support level. It would be nice to see a flash crash to a full and complete 1.618 extension for a perfect entry but that may be wishful thinking. Set stops below the .618 fib.
A bullish butterfly pattern seems to be completing. Price almost hit all points of PRZ previously, I'm hoping to see the pattern complete. Nice R:R at 2 (TP1) and 2.8 (TP2). Good luck.
A potential bullish butterfly pattern is completing with a completed head&shoulders pattern reacting. Nice R:R at 2.2 (TP1) and 3.8 (TP2). Good luck.
On the four hour chart of GBPNZD a bullish butterfly has emerged. Bullish strength has formed. The D leg seems to be complete...look for bullish evidence before entry. This is a good place for the pound to pull back. cheers mates
A bullish butterfluy already in play. We can see a pinbar showing reaction in the PRZ. SL and targets shown on chart. Best regards.
Hi Folks! I've found this Harmonic Pattern for AUDCHF: -D1 Bullish ButterFly Formation. It makes sense as this pair have had a terrible loss last weeks. Await for the completion of the Pattern, and if turns out true, Enjoy it! Cheers.
A bullish butterfly pattern is about to complete. R:R at 1.8 (TP1) and 3.2 (TP2). Good luck.
This 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...
Winter is almost here but the butterflies are still flapping. This set up is on the one day time frame and has some decent pippage potential. As always wait for full confirmation and 1-2% risk per trade. I will update this idea as it plays out. All details in the picture. Thank you for looking at this idea and I look forward to your comments
It 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...
A bullish bat pattern is about to complete. R:R at1.5 (TP1) and 2.6 (TP2). Good luck.