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Butterfly

LINKUSDT 2-top, H&S, Butterfly; pullback to necklineLINKUSDT 2-top, H&S, Butterfly; pullback to neckline After a retrace from the Stocks Market, LINKUSDT presents a perfect price action in bearish confluences after exit of a ascendent broadening bottom. We can see a Head and Shoulders in process now, exactly pull-backing to neckline, in a potential Double Top pattern. The prior swing before this pullback fitted 50% of a potential CD-leg of a Butterfly Harmonic Pattern. We can expect a 2nd downward from the neckline which is the weekly volume point of control (POC), strong resistance. A 1st short-term-target has been applied on an AB=CD projection. The 14.6% Fib level is my key level to put targets. Plus hidden bearish divergences on 1H chart w/ Ehlers Stochastic, Awesome Oscillator and Chaikin Money Flow. Definitely bearish.
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by firmestudio
1
Perfect automated detection of WhiteSwan & Butterfly PRZ - ShortA Bearish-type WhiteSwan pattern occurred near the resistance zone of 1.387-1.423. (In this resistance zone , there was a rebound in Aug 2021, Jun 2020,...) If the price rises to 1.417, a Bearish-type Butterfly pattern is likely to occur. Short after seeing the rebound. At that time, be careful of re-inversion in the support zone of 1.279-1.297. *Harmonic patterns and support/resistance zones are automatically detected using the indicators below. - Harmonic auto-detect PRO - Support/Resistance Zone Auto PRO
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by HarmonicLab
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! _________________ 👀 Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎 👍Hit like & Follow 🔔 We thank you for your support ! CryptoCheck
by CryptoCheck-
34
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
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by HarmonicLab
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.
MYX:MYEGLong
by ringgitlab
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
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by HarmonicLab
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.
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by pejman_zwin
10