Hey guys, this is a simple pattern formation that's about to complete around 81.60 level. This zone has multiple structures in there so i'm very interested in taking this pattern. Rsi is in oversold condition by the way. Let's see how it plays out. Stops below X, targets at 382 and 618 retracements of AD leg. If you want to share your view or simply ask...
It seems we have a good setup here for 2 trades. The first is a SHORT and the second is a LONG, after the harmonic pattern confirmation. This seems to be a very high probability trade on the Daily for Twitter Inc, where price action has reached a significant resistance area and point in the structure, at the top of the channel/trendline, where a very high...
June Lean Hogs rose today off oversold conditions and a bullish Butterfly Pattern. Next upside target 71.375, and then 72.825 to start forming a projected Bearish Cypher pattern.
It seems we have an overall LONG on a BULLISH trend for a Wave 3 completion. There is also a possible Bullish Butterfly pattern available in the Hourly chart to use as an Entry point on this stock. All EMAs show Bullish trend confirmation with TDI also giving previous overbought signal confirmation on the potential Bullish Butterfly about to form. In my opinion...
bullish butterfly formation in the works on AXISBANK daily chart. from here the price may either retrace to a higher AB leg and then come down to the D point , or it may simply break B lows ... time to wait and watch
Despite having a pinbar last month, this month has been bullish. The 78.6% level has been retested but pattern did not complete, pattern completed in January 2017. We might actually be looking at a very huge movement ahead. R:R at 1.9 (TP1) and 3.4 (TP2). I'll aim for 61.8 fib level first. Let's roll.
What's up everyone, here we have EUR/GBP with a bullish butterfly pattern inside of a bullish AB=CD pattern on the 4h chart. I'd like to thank my good mate www.tradingview.com for spotting this setup. This is an excellent trading opportunity with over 1:4 risk to reward. The D point of both patterns complete at 0.81500, this has proven to be a crucial turning...
There are some amazing setups forming on the charts, here we have GBP/JPY on the 4h chart with a potential bullish butterfly pattern. Excellent opportunity with over 1:4 risk to reward! 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 I'll be looking for additional analysis once...
Hello traders, it appears NZD/CHF is now forming a bullish butterfly pattern on the 30m chart. This is an excellent short-term opportunity with a potential 80+ pip return! 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 I'll be looking for additional analysis once price approaches...
USDA report sends Soybeans lower. Projecting fall to 98 area to setup a bullish butterfly, with the possibility to sink to 957.
Hello there, My appology if your eyes are hurting, just focus on the dark blue lines in case of an overload. I expect price to reverse between the two dark dashed horizontal lines, so in between a buy order will be placed should this pattern remain valid. As you can see a 61.8% fib level resides closely to the surface in this zone, just slightly under this fib...
Bullish Butterfly ( I think my X and D points are off.....) SL 1.2360 TP1 1.2384 TP2 1.2405 TP3 1.2460 (I am just hoping it touches the Resistance area.) References to the XABCD I use the following link below. www.forexfactory.com
May Soybeans fell further and broke trend. Gartley pattern fell too. Now into a bullish butterfly. Large Soybean supplies will continue to pressure this market down. Look for profit taking and reversals soon. A few levels of support exist at 1011, 1002 and 992.
June Palladium hammered today rejecting lower lows. We will see if it holds and a continued uptrend can happen. A bullish butterfly is in affect.
This one is now on my radar. It looks little ugly but who cares if fits into all my conditions. Previous structure support gives additional confirmation for long trade.
Bullish Butterfly and Bullish Bat complete almost at same point giving high probable long trade. Previous structure support gives additional confirmation for entry.
Bullish Butterfly pattern is about to complete on AUDNZD. Opportunity for long trade.