Hi traders, GOLD watch price action with your own according strategy and look for a long position opportunity for a short term trade setup GOOD LUCK.
Hi traders, watch EURUSD with your own according strategy and look for a short position opportunity for a short term trade setup GOOD LUCK.
BTC is trading within this Symetrical Triangle which is a pattern that happens to be Neutral but it's showing a slightly Bullish Edge in the form of the 4 Hour Bullish Butterfly anbd the 4 Hour RSI Bullish Divergence perhaps from where we are now we could atleast see some sorta action back above the top side of this consolidation structure.
Hi traders, USDCAD watch price to go around our mentioned pattern completion area and look price action with your according strategy on the bottom for a long position opportunity GOOD LUCK.
Consider this a companion setup to the previous one that spotted a Bullish SHark at this area; that trade is sttill active at a 1.618 and so is this one the Bullish Shark setup is in the related ideas tab below.
FTT where it sits today has no other Harmonic Fibonacci Level where it could possibly find support. If the 1.272 Breaks then it would have to go to $0 as there exist no fibs in between $4.725 and Negative Prices. I'll dedicate a fair amount to this position and see how it goes.
My analysis still stands, a bullish trend on USDJPY. My preferred trading opportunity lies in the Bullish Butterfly Pattern setup that is looking to complete at 143.96. A candlestick pattern confirmation is required before heading in for a mid to long-term buying opportunity.
IRCTC is enroute to confirm butterfly pattern, technically its a buy only above 726 where it confirms its pattern. One can also buy here @ 718-719 assuming it ll break above 726. In that case should be bought with mentioned stoploss & target
AUDCAD also has a Bullish Butterfly. Some traders may choose 1 trading setup over the other, especially they they see some similarity among their portfolio. Trading for 17years, I do not do that. I've witness that 1 trading setup might profit while the other might fail; or 1 ran into profit so much in advance of another. You can check out AUDUSD under the...
A potential Bullish Butterfly may form up at 0.6340, NO. By looking at the current candlestick pattern formation, it is more likely for the market to react from the current price of 0.6368. To most Harmonic Patterns traders is a big No-No for them, but sometimes we have to execute flexibility. With that said, I will look closely at the market movement from...
Pattern is near completion at a key dayly support near 7.86 We could expect a bounce at that area. Best regards.
This Bullish Butterfly would have me believe that the VIX will rally back up to atleast the area of 34 but i wouldn't be surprised if it went into the 40s if this played out.
A Bullish Butterfly form at 1.0045 could be an opportunity for counter-trend traders to wait for a counter-trend trading opportunity that completes at that price. However confident you are in the trading setup, it is important to wait for candlestick confirmation before engaging in the trade.
CRUDEO is in a bearish trend . The price action is currently testing the Support Zone after forming a Bullish Butterfly pattern in addition to a Bullish Candle Pattern near point D . Expecting bulls to push prices higher.
I found out that Canadian Dollar/Swiss Franc forming a bullish butterfly harmonic pattern with the correct measure using Fibonacci for harmonic. But I see that CAD/CHF as forming this bullish perspective. I believe that CAD/CHF will continue drop, yes drop but doesn't drop as I expect because we see a wick of manipulation zone that institutional are interesting to...
there are three bullish pattern are created. the first point is 312B the second is 288B and third is227B the most possible is the first point.
Open - 1.01854 TP1 - 1.03621 TP2 - 1.06216 TP3 - 1.07654 SL - 1.00712 Please note that my setups are not signals to trade but my own personal analysis and predicted direction. To enter a trade it must be validated by multiple different indicators and confluence factors.
Pretty much everything you need to know is in the title but if i were to elaborate on some details i'd add the fact that there is Bullish Divergence on both the Daily MACD and RSI.