XAUUSD_H1 GOLD Bearish Butterfly Pattern FormationXAUUSD_H1 GOLD Bearish Butterfly Pattern Formation Possible Bearish Reversal from this zone
Butterfly
Beat the BATS - Harmonic Bat PatternsHi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
In today's analysis, we'll look at a different way to speculate the next immediate price action of an asset : the Harmonic Bat Patterns. There is a really cool tool on the platform that you can use called the Cypher Pattern, you can find this in your drawing toolbar, 5th from the top under the T for text. It helps you plot the points and identifies the correct distance for you clearly. I'm using it HERE :
From the chart, you can clearly see the bullish and the bearish bat example. If you move your mouse over the grey anchors, you will find the values that the distances between two points need to be. Spotting these patterns are extremely difficult and it takes a trained eye to spot them on a chart. However, if you're lucky enough to spot one, you have a clear trading setup with a high probability of win rate. NOTE that even though there are similarities, these are not the same as W-bottom patterns or M-patterns.
I hope you enjoyed and found value in this educational post today!
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CryptoCheck
Perfect automated detection of Butterfly & DeepCrab PRZ - ShortA Bearish-type Butterfly pattern occurred near the resistance zone of 1.5220-1.5260.
(In this resistance zone , there was a rebound in Jul 2022, Feb 2021,...)
If the price rises to 1.5248, a Bearish-type DeepCrab pattern is likely to 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
MYEG - Formation of bullish butterfly pattern?Price is currently at demand area and formed potential rejection on 26/07/2022.
Could this demand area and harmonic bullish butterfly pattern indicates potential reversal for MYEG?
Potential entry:
1) RM0.74 / RM0.745
2) RM0.675 - RM0.685
Resistance:
RM0.805 / RM0.835
Support:
RM0.74 / RM0.675
Disclaimer: This trading idea is for education purpose only. This is not a buy call nor a stock recommendation. Please trade at your own responsibility.
sell Butterfly or bat pattern FX:USDJPY ,
www.tradingview.com ,
sell at current market ,D leg of butterfly pattern or bat pattern. market price at previous resistance level.
Arweave (AR) formed bullish Butterfly for upto 112% pump
Hi dear friends, hope you are well and welcome to the new trade setup of Arweave (AR) coin with US Dollar pair.
Previously in AR with USD pair, we caught a nice pump:
Now on a 4-hr time frame AR has formed a bullish Butterfly pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Perfect automated detection of Butterfly pattern - ShortA Bearish-type Butterfly pattern occurred.
Also on the daily chart, Bearish-type Butterfly is occurring.
If the price rises to 141.26, a Bearish-type DeepCrab pattern is likely to occur.
Short after seeing the rebound. At that time, be careful of re-inversion in the support zone of 137.30-138.00.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
TATACONSUMER - Harmonic PatternThere is been a probability of Butterfly Harmonic Pattern on the weekly chart of TataConsumer Ltd.
Positive price action
Price should close above 815 levels on weekly chart, for this probability to unfold
If it unfolds, stock most probably is moving towards 950-970 levels in the coming weeks and months.
Good support at 750-760 levels
Type of Trade: Positional Long Trade
i would be buying on a dip and also pyramiding on the way up.
Bitcoin Analyze (Short Term, Timeframe 15min)!!!🧐Bitcoin was able to move as I ✅expected✅ in my previous post 👇
Bitcoin is near the end of wave A; wave A has five microwaves, so we can expect that main wave 2 has a zigzag correction structure (5-3-5).
I showed you the end of wave A in my chart. one of these zones can make a Bearish 🦋Butterfly🦋 Harmonic Pattern.
Bitcoin Analyze ( BTCUSDT ) Timeframe 15min⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Perfect automated detection of Butterfly pattern - LongA Bullish-type Butterfly pattern occurred.
Also on the daily chart, Bullish-type Butterfly pattern is occurring.
Long after seeing the rebound.
If the price drops to 9.162 without rebounding, a Bullish-type Deep Crab is likely to occur.
Even in that case, long after seeing the rebound.
*Harmonic patterns are automatically detected using the indicators below.
- Harmonic auto-detect PRO
SPX will go down this week thanks to JP PowellOver a billion shares are short as inflation pressures are true. I personally think it will go up in the long term remember this is not financial advice.
USD/CHF create bearish butterfly pattern. Short sell, long buy
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals.
If you like this idea, do not forget to support with a like and follow.
Traders, if you like this idea or have your own opinion about it,
write in the comments. I will be glad.
EURJPY - Bearish ButterflyEURJPY has the most interesting trading combo. Traders can check out its chart, from the 1hourly chart to the Weekly Chart. It shouldn't be too hard for you if you are a trained Harmonic Patterns trader.
The Bearish Butterfly Pattern completes at 141.88, be patient and wait for the 3-bar reversal pattern.
icicigiicicigi made butterfly pattern on daily charts n confirmed by breaking above previous swing high of 1247.15 with good volumes.
Could be bought above 1248 tomoro 12/08/2022 with mentioned stoploss & targets.
BTC - BTCUSDT #BTC #Bitcoin
-Butterfly Pattern 🦋
- Daily Frame
I need to break the number : 23604.07 To confirm the butterfly pattern
: Fails to close above the number 25639.64
BTC
godrejcpGodrejcp made butterfly pattern on smaller time frames with good volumes.
Could be bought with mentioned stoploss & targets.
EURNZD Harmonic - Butterfly or Gartley The EURNZD is in the 3rd leg of a Harmonic Pattern
- With the B leg completing near the .786 Fibonacci Retracement of XA , two patterns can be considered
- Both can find the C leg at .886 Level.
a. Butterfly
b. Gartley
You cannot tell at the moment, price is however looking to test key support at 1.57.....
So a short bias is suggested from present price 1.5950 to 1.5750.
Bullish Divergence on S&P Volatility at PCZ of Bullish ButterflyThis 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.
Bullish Butterfly an attempt to put the wind at your back AUDJPYThe bullish butterfly is at present of what may seem to be an end of the bearish siege. A friend of mine spotted a Bullish Butterfly on the 4 hours of this pair, one I actually didn't notice so thanks for this. Long term this pair has been on a heavy uptrend and has been receiving minor price correction. These price correction helps a trader enter back into the predominate trend which is bullish. This time of pattern however, possess an extreme price action towards the D point. My belief is the completion of the pattern will bring the pair back to the predominate trend and continue on.
EURUSD-Weekly Market Analysis-Aug22,Wk2A 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.
