Butterfly@1.272XADear Traders,
Today I'm bringing to you an opportunity on US30, the I believe this going to work as a continuation of the uptrend, so I'm consider this pattern as a Bullish Butterfly of Continuation, cuz this what I believe it's about to happen soon.
The price it's not to distant to the complete the pattern and also not to close, so we have to be patient so we can see what's really going to happen right here, that being said let's go to the basics rules.
Rules:
1. Harmonic Patterns Completion ( Bullish Butterfly@1.272XA) - 50% Complete ;
2. PRZ Hit Waiting;
3. Terminal Bar - Waiting;
4. PRZ Test -Started;
5. Candlestick Reversal Sign - Waiting;
6. Candlestick Confirmation Sign -Waiting;
7. RSI Reversal Sign - Waiting;
8. RSI Confirmation Sign -Waiting;
9. Type-1 Reaction - Waiting;
10. Type-2 Reversal - Waiting;
11. Risk Management - Applied;
12. Risk / Reward - 1/3.
" By this we know Love, because H3 laid down his life us.
And we also ought to lay down our lives for the brethren."
1John 3 : 16 NKJV
Butterfly
AUTO/USDAlthough i hate how much of an under performer this asset has been and that it has only ever made lower highs and lower lows
Here you can see momentum is shifting after a textbook Bullish Butterly Harmonic PCZ at the 1.272 fib extension an Inverse Head and Shoulders pattern has matured.
Not something that i would personally long just because of the sheer underperformance of this asset overall but you cant say momentum isnt shifting here and the bottom could be in!
3 targets if you wanted to go long
1st = swing low from 21st july 2021 at $629 (29%)
2nd = swing high from 29th december 2021 at $799 (65%)
3rd = first level of historic resistance at $954 (95%)
USDCAD D1 multiple Harmonic pattern analysisHello traders in this analysis I see two Harmonic patterns for USDCAD D1 the first one is the crab that you could see it easily in H4 time frame and I see a Butterfly Harmonic pattern too Based on my Harmonic Elliot Wave analysis that you see in related ideas ...I hope this analysis would be helpful for you although I know that analyzing is just 10 percent of a successful trader !
SLPHidden bearish divergence and bearish butterfly pattern at 1H TF. We might dip to around 0.0201 and 0.0196 . From there it will create a bullish butterfly pattern. We will bounce from that level and reach 0.0208 and 0.0211 . If we get a candle close above the bullish pennant pattern, we will most likely go back to 0.0220 .
XMR/USDTXMR/USDT - Active Trade Set Up since 26th Feb - (Wasnt posting publicly before) (first target hit) (3 targets to go)
Entry $154, Stop Loss $131, Profit Taking Levels $237, $262, 296, Argument = Bullish Butterfly, Type 2 Return at critical support with classic bullish divergence and a confirmation bullish engulfing candle
SOFI weekly bullish butterfly Kinda a classic pattern!
I'm researching for personal lending platform stocks recently,
as UPST is no doubt the rising star last year, SOFI still has something that's worth looking at.
Also, the concept of Social Finance will still catch many crypto investors' eye to see how it happens in 2022,
SOFI's crypto business is also part of the reason that I'm interesting in it.
In short, as it enters the entry point of this butterfly, I would like to look for some long opportunities here.
Let's see how it goes yo!
XVS/USDT-1D-BINANCE (Bullish Butterfly)This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
DOGE/USDT-1D-BINANCE (Bullish Butterfly)This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
DODO/USDT-1D-BINANCE (Bullish Butterfly)This is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
SLPWe might dip back to 0.0170 and most likely bounce from there. We might reach levels back to 0.0185 and possibly 0.0190. RSI resistance is being retested, we will know if we will bounce back or dip back inside the RSI triangle. We might also dip lower than 0.0170 which is 0.0162 due to the hidden bearish divergence.
- Hidden Bearish Divergence
- RSI resistance being retested once again
- Bearish Butterfly Pattern