Butterfly
Harmonic Pattern with Multiple Confluence for Point X and DThis is an example of regression channel with harmonic pattern.
By using Simple OHLC Custom Range Interactive, we able make confluence point (blue) to get Point X of Bullish Butterfly.
There are many confluence points (orange flag and teal table), which shows Point D of Butterfly starting to complete.
For Point D, best to monitor price changes using RSI or other similar RSI (Cyclic RSI, etc).
Indicator used :
1. Regression Channel Alternative MTF
2. HH-LL ZZ
3. XABCD Harmonic Pattern Custom Range Interactive
4. Simple OHLC Custom Range Interactive
5. Cyclic RSI High Low With Noise Filter
Perfect automated detection of BlackSwan pattern - ShortA bearish-type big BlackSwan pattern occurred.
If the price rises to 0.87045, a bearish-type Butterfly pattern could occur.
Also on the daily chart, bearish-type BlackSwan pattern is occurring.
Short after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
PayPal (PYPL) ... 3 PossibilitiesPayPal (PYPL) managed to return 30% in the first half of November 2022 and then gave it all back.
Obviously going forward there are three possibilities:
a) PYPL-Breaks dotted red line and traces out a Bullish Butterfly pattern with its point D being ~ $64
b) PYPL-Holds Bat D ~ $71 and traces out the same targets of the old Bullish Bat Pattern.
c) PYPL-Continues sideways
While we will most probably be hostage to J Powell and the Fed bullies until next week,
I would presently handicap the probability of each outcome as:
A) 30%
B) 55%
C) 15%
No position here...I'll let the price action direct me and get back.
As usual this is not investment advice... do your own due diligence!
S.
USDCAD - Bearish ButterflyLast night during our live session in trading view(www.tradingview.com). I've mentioned that there's no need to chase after the USDCAD trade as there's a rate hike decision happening in less than an hour.
If it's your trade to take, you will have another opportunity.
Missing a trade is better than getting into a trade you aren't supposed to take.
I'm waiting for the current candlestick candle close to engage this trade.
Btc/usdt short time fram hello every one i hope u all have a nice day
for BTC/USDT in 4H time frame
i see bullish head and shoulder and the target for it around 17710$/ 17522$
and i see also harmonic pattern (butterfly ) and the target for it around 18000$/ 18200$
and in Elliot wave we are in c wave we already hit the min target for c wave and the next target around 17710$/ 17522$
and u can what i believe the next move will happen in the chart
i hope its clear
best wishes
Perfect automated detection of Butterfly pattern - ShortA bearish-type Butterfly pattern occurred near the resistance zone of 1.0740-1.0810.
If the price rises to 1.0553, a bearish-type DeepCrab pattern could occur.
Short after seeing the rebound.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
📉✌ADAUSDT 15Min Short Position✌📈BINANCE:ADAUSDT
COINBASE:ADAUSD
Hello traders, first take a look at my previous analysis and positions.
between now and the yellow area, you can open a long and then a short position.
If the price falls and reaches the risk-free level, you can risk-free the position.
TP1-2-3-4-5-6-7-8 are on the chart.
The optimum stop-loss is above the determined area.
Please share ideas and leave a comment,
let me know what's your idea.
CrazyS✌