Butterfly
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!
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! 🤘
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.
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?
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.