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 🙂
Butterfly
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
ECOWLD FALLBACKFound Bearish Butterfly Pattern at Fibo extension around 1.27%.
My expectation price will retrace first to 0.382% .
#TAYOR MYX:ECOWLD
WILL WCT FORM A BUTTERFLY PATTERN?Wathout if price BO from point B.
It will formed Bearish Butterfly Pattern when price achieve at point D and price should not below from point C.
#TAYOR MYX:WCT
ICP butterfly pattern#ICPUSDT
$ICP seems is in a long term rising wedge, as you can see support zone is doing its job well and price is still above the support. also in RSI if we draw a support, candles hold the support too.
there is a butterfly pattern that if price break out from descending resistance, bulls can go trough the resistance zone to complete this pattern around $65.
Long next shortI think DXY is building a bearish butterfly form. Although it is not perfect, the number is close to the harmonious number, 0.786, 0.886, 2.0, 1.5. So it is possible to get out of this expectation. At present, there may be about 44% room for the first wave of price rise. Reaching the falling 0.618 may reverse after suffering strong resistance. At present, DXY seems to have been adjusted in a small cycle. But it should not rise wildly, at least not in October.
Potential Butterfly!NAS100 - Is about to hit a daily OB, I feel price will reject to the B point or a little lower, creating a liquidity trap to then fill the imbalance before heading up to mitigate the higher and stronger OB before reversing!
I May potentially take all 3 trades if price action confirms it!
Whats your thoughts?
Butterfly@1.272XAThe Bullish Butterfly it's already complete and the PRZ it's on test by th price right now.
Stay tune on that!
Rules:
1. Harmonic Patterns Completion ( Bullish Butterfly@1.272) - Complete;
2. PRZ Hit - Done;
3. PRZ Test -In the Process;
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
$NIO - Entry based on price action This is another sub-trade I will take based on PinBar price action on the daily timeframe even though it looks shy on the chart, so the stop loss should be more close to the entry. I expect a move of 9% tomorrow🤞
