US100 will GO DOWN in the PRZCURRENCYCOM:US100
***This is just my personal analysis and there is no buy or sell signal***
!!!Do not forget that the market is based on probabilities!!!
Good luck and profitable
Butterfly
Butterfly@1.272XA
The Incredible and the amusing Bearish Butterfly@1.272XA it's being created by the price perfectly.
Here is what I believe about this edge, the US30 has being in a big uptrend
and that can be possibly the reverse of the trend or just a retracement
and can create a big impulse so the price reach higher highs never thought by the human being,
but the Harmonic Pattern Butterfly that can really provide to us a great opportunity to make some pips,
that being said, let's go to the rules.
Rules:
1. Harmonic Patterns Completion " Bearish Butterfly@1.127XA " - 70% close to completion;
2. PRZ Hit - Waiting;
3. PRZ Test - Waiting;
4. Terminal Bar - Waiting;
5. Type-1 Reaction - Waiting;
6. Type-2 Reversal - Waiting;
7. Candlestick Reversal Sign - Waiting;
8. Candlestick Confirmation Sign -Waiting;
9. RSI Reversal Sign - Waiting;
10. RSI Confirmation Sign -Waiting;
11. Risk Management - Applied;
12. Risk / Reward - 1/3.
" The Lord confides in those who fear him,
he makes his covenant know to them.
My eyes are ever on the Lord,
for only he will release my feet from the snare".
Psalms 25 : 14-15
NIV
Horizen (ZEN) forming bullish Butterfly for next moveHey dear friends, hope you are well and welcome to the new trade setup of Horizen ( ZEN ) coin.
Previously we has a nice trade of ZEN:
Now on a 4-hour time frame, ZEN is completing 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
NZDCAD Bearish ButterflyYou can go for 1:2 or 1:3 and set BE when reached 15-20 Pips. And stop loss 10-15 pips. Good luck 🙂
Potential Butterfly/Crab for PRZ We have a butterfly thats almost complete and a potential crab too if price doesn't respect the butterfly on the HTF (This could indicate a potential PRZ)
If we get reversal signals at either of these levels or in-between then we can be safe to take this short.
But for now momentum is still bullish on the LTF, we have BOS to the upside and a nice momentum trendline (Which is close to the D point of the butterfly, so im waiting for a break in momentum and BOS before potentially shorting this.
Let me know your thoughts?
Potential Daily Crab and Bat Almost Complete!GBPUSD - Weekly supply zone is strong, the pennant failed to break to the upside, so now i'm looking bearish on the HTF.
Price has created EQL and EQL, I want to see this Bat pattern complete, possible with a stophunt on London/NY (4th hit to the high before price falls) to take out the liqudity before falling back towards the previous weekly low and continuing the HTF trend.
Let me know your thoughts!
GBPCHF Bullish ButterflyBullish butterfly detected and you can take this trade once you get confirmation. Make sure you go lower timeframe for finding the position. Good luck 🙂
TEL butterfly pattern#TELUSDT
$TEL broke out from long term descending resistance line and stayed above support zone, also hold the long term ascending support line.
if price hold the current support, for completing the butterfly pattern it can touch $0.035 and $0.0375.
it is possible to head down to the long term support line, and if break it down nearest support is around $0.0135 and then $0.0097.
Butterfly, Pennant a & Liqudity! GBP/USD INSTANT BUY 📈
ENTRY: 1.37778
TP: 1.38880
SL: 1.37624
Re-entry ⚠️ (Risky use low lots to start)
PA is still bullish, we have a pennant on the Daily (If this breaks price will fly) We also have some nice intraday bullish patterns and trapped liquidity above, only downside is were inside a weekly supply zone so it's bull vs bears at the moment, but I'm flavouring bulls!
We already took 30 pips earlier, and PA is still looking good for buys, lets see if we can take some more! 🤘
ETHUSD IS READY TO FLYafter breaking black trend line we are waiting that chart touches the support lines and then break the blue trend line to move on and get its resistance and its reality and what ETHUSD deserves.
Bitcoin, M30 - Potential Butterfly patternAfter reaction on 78.6, possible Butterfly harmonic pattern on external retracement 127.2 (62500-62600). There is also S/R zone.
PINTEREST Bullish ButterflyPINS formed a bullish butterfly shape and bounced back from target, point one achieved and point two is $69.6.
REN/USDT (Interval 2H) Bullish ButterflyREN is in a process of making a bullish :butterfly: pattern, Most likely candle will touch the PRZ, I have marked SL, Entry and TPs according to fibonacci values.
30 Minute Bearish Butterfly ETH between 1.272 and 1.618We are at the minimum entry for this pattern i'd like to wait for a 1.414 before i get in heavier but for now i'll short Half of what i want to short just incase it runs away from me and dumps now at the 1.272 as the RSI is mildly overbought at the moment and ETH can turn bearish very soon from here.
BTC STS (Short Term Short)Daily bearish butterfly in development. Shorting BTC around 68k with SL above 70k. Target 1 is B wave which is around 54k. Counter trend trade but good R/R. And yes I do believe BTC will bounce afterwards and goes higher. We'll see how it plays out!
Shark, Shark, Butterfly! USDJPY - Entered short yesterday but closed early due to momentum change, so now i'm looking for potential PRZ's on the HTF, we have 2 sharks and a butterfly on the daily all pointing to a 200 pip potential PRZ zone with multiple possible entry/reversal points, ill be waiting for a HTF (1H or 4H) reversal pattern before entering anymore short trades on this pair, I will just scalp longs with PA for the time being!
Price is currently sitting in a strong weekly/daily supply zone.
What's your thoughts?
The Dow's is clear.Hang on this cycle, accumulate what you perceive valuable with good bookkeeping and great stable outlook. Tesla, tech whatever goes to the bin until market tells you risk-off is in fashion.
Watchlist EUROWait for confirmation reversal pattern appear.
This announcement is dated 27 August 2021 in Bursa Malaysia (www.bursamalaysia.com).
#TAYOR MYX:EURO
ALGOUSDT BUTTERFLY SETUPBy using Butterfly Harmonic pattern the target is around 1.27% Fibo ext. X-A
Possible entry when price in range between 0.382% to 0.618% fibo retracement B-C.
FBO from descending triangle.
Pattern invalid if fall below C level.
#TAYOR HUOBI:ALGOUSDT
Bearish Butterfly D1Open - 114.104
TP1 - 111.002
TP2 - 107.417
TP3 - 102.562
SL - 116.492
Please note that my setups are not signals to trade but my own personal analysis and predicted direction. To enter a trade it must be validated by multiple different indicators and confluence factors.
AUDCAD - Bearish ButterflyAn aggressive shorting opportunity for Butterfly Pattern traders. The candle wick just touches the HOP level and seems like it's going to reverse.
8minutes to go for the confirmation. I've engage an aggressive trade on this and I'll leave that to your call.
NFTUSDT BUTTERFLY SETUPBy using Butterfly Harmonic pattern the target is around 1.27% Fibo ext. X-A
Possible entry when price in range between 0.382% to 0.618% fibo retracement B-C.
Pattern invalid if fall below C level.
#TAYOR HUOBI:NFTUSDT
