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Butterflyextension

Butterfly Complete Near All Time High! Butterfly completed on OIL close to the all time high/HTF supply zone, price currently rejecting has broken internal structure, but i want to see price come up and mitigate that supply zone/continue to fail the same level before taking sells, i was going to sell the breakout as OIL moves fast but again to risky as it can also pullback super fast, waiting for more confirmation (Failed highs/wyckoff etc) Probably see a spring or some manipulation into those highs before price decides to reverse (If it does) Let me know your thoughts! * Disclaimer ** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
TVC:USOILShort
by benalistarfx
1
DARUSDT bearish butterfly in formationDARUSDT bearish butterfly. The price action is in a confluence with the double bottom formation of BTCUSDT. The Fibonnacci ratios is wonderfully converging with local support and resistence. A Potential Reversal Zone (PRZ) is expected from D point 1.41 Fibonacci extention ratio. Oversold condition for the intraday and hidden bullish divergence on Ehlers' Fisher Transform oscillator (detail in aupdates). Ehlers' Fisher Stochastic Sinewave bullish after price action retrace from 50% to 88.6% Fibonacci Retracement. 14.6% Fibo targeting in conjuction to expected XD leg upward Butterfly extension. That's the perfect scenario for a pullback and I bought a buch of DAR tokens for 1USD. Not a financial advice, only my technical analyses.
Long
by firmestudio
1
Butterflies On GBPUSD🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 🦋 👍 👍 Leave a like to show support 👍 👍 This is an automatic harmonic detector I made with the loved ZigZag++ , I sometimes use it to tell me the bat, gartley and butterflies This is a potential sell zone for GBPUSD, A prior Bat is seen to make a very nice entry point after hitting this level, And we haven't been supported by that previous Major Low Yet So its possible for us to keep moving down Lemme know what you think in the comments.
Short
by DevLucem
6
Milk fell further into Butterfly ExtensionJune Milk fell into a Butterfly/Cypher extension Thursday and then rose today. Market not finished with the downtrend. Possible sideways progress from here until proof of direction is determined. Right now we might have a bearish flag. Again confirmation needed for Monday. This market could extend down into 14.91. Double bottom extending back into 2016-03-18 is where 14.91 comes. That would be a complete 161.8 extension of butterfly. This would then change the next pattern into a possible Gartley pattern, or to Bat depending on the retracement. Bat retracement to gap would be a little over 50%.
DShort
by hopscotch
Apple is testing All Time Highs again - Bearish setupAAPL has reached 135$ again and the price is re-testing its All Time Highs again. The weekly structure has kept AAPL's price below it during 2015. Will it do it again. A weekly bearish Butterfly also completes near 135$ - Adding weight to this weekly resistance zone. Bulls should wait for a breakout, re-test of structure (as support) and then perhaps aim towards the completion of a bearish Crab near 160$. Personally I find it highly unlikely to happen in near term future... but the sentiment is strong and this is Apple! Here you go, two potential scenarios - One bearish, one bullish... I'm with the bears here. *Read more about this setup and more trading scenarios in my newsletter - Link in signature
NASDAQ:AAPLShort
by themarketzone