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Butterfly

Butterfly@1.272XAThis the Beautiful Bullish Butterfly@1.272XA that can possibly change the curse of the trend to the upside; The price it's close to complete the Harmonic Pattern, but we have to wait to see what's going to happen in the minutes to come. That being said let's go to the setup rules: Setup Rules: 1. Harmonic Patterns Completion ( Bullish Butterfly@1.272XA) - 70% Complete ; 2. PRZ Hit - Waiting; 3. PRZ Test -Waiting; 4. Candlestick Reversal Sign - Waiting; 5. Candlestick Confirmation Sign -Waiting; 6. RSI Reversal Sign - Waiting; 7. RSI Confirmation Sign -Waiting; 8. Type-1 Reaction - Waiting; 9. Type-2 Reversal - Waiting; 10. Risk Management - Applied; 11. Risk / Reward - 1/3.
Long
by JonyFxHunter
2
Potential Butterfly 🦋 US30 - Price is currently in a strong demand zone but looks like its going to break the DL and continue down to the D point of the butterfly (The next demand zone). I will be looking for reversals in this current zone, but with todays sell off in the stock market im not to hopeful, price just keeps smashing through demand zones with very little pullback, lots of fakeouts today. 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.
ULong
by benalistarfx
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
ULong
by JonyFxHunter
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
ULong
by JonyFxHunter
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%)
ALong
by jedtexas
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!
NASDAQ:SOFI
by Trader_Joe_Lee
1