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Butterfly

potential Butterfly 🦋 GBPNZD - Potential Butterfly, looking for a weekly downtrend continuation after the bullish daily pullback. Multiple BOS and momentum break on LTF, potentially a nice swing short. ** 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.
Short
by benalistarfx
4
XBTUSD Harmonic pattern: - bullish butterfly pattern printed on 2H timeframe chart, good sign in bear trend but also we don't want to forget its bear trend, on yesterday's pullback i recognized its becoming stronger and i also don't think to miss this opportunity i will try with minimum risk, and keep attention on 1.618 fib extension level if bitcoin price 4H timeframe candle close below fib extension 1.618 level then pattern will be invalid, for good long entry point 56500 - 55700 area open partially order and take profits as per fib extension reversal points, don't worry i cross checked its perfect levels for take profits, best luck.
BITMEX:BTCUSD.PLong
by Satoshi_Magnet
Bullish Butterfly on FTMBullish divergence which saw a pop out of the PRZ on the bullish butterfly. Didn't quite touch the 1.27, but to me that shows strength. Nice volatility spike with the fisher off of the lows, shows conviction. BBWP looking a little top heavy, so we could just be taking a breather here. Always a possibility we come down and retest that area though. I am looking for the test of the first target at 2.43, with the second at 2.6181. Anything above that, I would be looking for this to make a new ATH.
FLong
by climbing_stars
Adopting Scott Carney's Harmonic Pattern: Bitcoin's ButterflyI am just observing this potential pattern. Harmonic patterns like this originate with Scott Carney. You can learn about it at his website @ harmonictrader.com He is a living legend. As an investor, I think may provide an extra layer of tools to one's personal arsenal in trading. It might come in handy and help one see the market one is looking at from a different perspective. I hope my identification of the butterfly pattern is correct.
COINBASE:BTCUSDShort
by Rocketman
2
Bitcoin (BTC) formed bullish Butterfly for upto 20% moveHi dear patrons, hope you are well and welcome to the new trade setup of Bitcoin BTC . Previously we had a nice harmonic trade of Bitcoin: Now on a daily time frame, BTC has formed bullish Butterfly pattern. Buy between: $57633 to $54518 Sell between: $60050 to $65900 Stop loss: Stop-loss can be set below the maximum extent of buying zone which is $54518 Possible profit and loss ratio: As per the above targets, this trade has a profit possibility of up to 20.5% and a loss possibility is 6%. 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
Long
by moon333