AUDCHFUpon analyzing the 30-minute timeframe and with the formation of a Butterfly pattern, we expect the price to move towards the resistance zone at 0.5884, followed by a corrective movement towards the support level at 0.58716.
Butterfly
Harmonic pattern for PARA. It seems that NASDAQ:PARA is ready to fly.
A harmonic pattern is observed on the daily chart and double bottom at around 10.25.
The sentiments around the PARA is positive as traders waiting for a deal for take over.
The awesome indicator is also showing a bullish trend.
First target price is 14.73 and second target price is at around 17.36.
I put the stop loss at 9.90.
Good luck to all longs
NASDAQ:PARA
www.tradingview.com
todays position on goldour golden area on 2165 touch 3 times and we long it once and made almost 100 pips from it
for first day of market we are satisfied with that position and font trade another position today
DOGEDOGEUSDT will complete the xabcd pattern which has been accumulating for 2 years, why we believe doge will complete it is due to several reasons, speculation of the doge-1 mission which is planned for this year. Dogecoin community actively promotes and endorses the coin across various social media platforms, forums, and online groups. Dogecoin Foundation's Vision. And collaboration between Dogecoin and Ferrari.
S&P 500 POTENTIAL 1D BUTTERFLY S&P 500 currently developing as a POTENTIAL 1D BUTTERFLY.
We could see price hit 5250 (new possible ATH).
After we could witness a minimum of 10% decline in price
DXY chart View..Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
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BONK - 1hr, 4hr, 1D - Potential Bearish ButterflyThere is a potential high level Butterfly pattern on Bonk. I see ATH very soon with this as BTC is getting primed to see ATH. Thank you
GBP/USD sell scenario view.
AronnoFX will not accept any liability for loss or damage as a result of
reliance on the information contained within this channel including
data, quotes, charts and buy/sell signals.
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Traders, if you like this idea or have your own opinion about it,
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USDJPY Trading Plan: Bullish Shark PatternI'm maintaining my bullish outlook on USDJPY and currently eyeing a potential buying opportunity. Here are the details:
- Setup: Bullish Shark Pattern
- Completion Level: 150.09
It's crucial to note the presence of the Type2 Bearish Fib-3 Bat on USDJPY's Weekly Chart. While it signals caution, my focus is on the bullish scenario with the completion of the Bullish Shark Pattern at 150.09.
Feel free to share your thoughts and trading plans for USDJPY. Are you considering a long or short position?
Check the chart link within the TradingView post for a visual representation.
USDJPY Trading Plan: Fib-3 Bat Pattern Retest and Bullish ButterIn our current analysis of USDJPY, two distinct trading opportunities emerge:
1. Fib-3 Bat Pattern Retest:
- Timeframe: Weekly Chart
- Setup: The Fib-3 Bat Pattern type2 on the weekly chart has already provided a profitable opportunity, and a retest is anticipated.
This pattern has previously yielded a substantial 903 pips in 13 weeks.
2. Bullish Butterfly Pattern:
- Timeframe: 1-Hourly Chart
- Setup: A Bullish Butterfly Pattern on the 1-hourly chart, with an entry point identified at 148.78.
These setups reflect a mix of longer-term and shorter-term trading strategies. Share your thoughts and engage in discussions to enhance our collective understanding.
Navigating Altcoin Turbulence: The Descent of the Butterfly PattAltcoins, until recently soaring to great heights, now face the challenge of the descending butterfly on our chart. The Butterfly Pattern, symbolizing uncertainty, casts its shadow over the market, while Elliott's analysis suggests a potential return to position 4. But beware, position 4 is not the end—it's merely the beginning of a new story. Will Altcoins touch down or strengthen with the power of the descending butterfly? We await to see how this tale unfolds in the financial sky.
ETC is pumping. Here is why and where to take profitETC is pumping, as we can see. I want to inform you that this uptrend should continue, and another 128% is likely in the next few days / weeks. Take profit at the 0.618 FIB, which is always a strong resistance. If you think ETC is going to go much higher, you can take profit at the previous major swing high. But to me, ETC is bullish, and the downtrend has ended. We see that we had a pretty long accumulation phase by whales as well. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
Ethereum Classic (ETC) is a hard fork of Ethereum (ETH) that launched in July 2016. Its main function is as a smart contract network, with the ability to host and support decentralized applications (DApps). Its native token is ETC.
Since its launch, Ethereum Classic has sought to differentiate itself from Ethereum, with the two networks’ technical roadmap diverging further and further from each other with time.
Ethereum Classic first set out to preserve the integrity of the existing Ethereum blockchain after a major hacking event led to the theft of 3.6 million ETH. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, and I wish you successful trades!
📉Gold prediction / Wrist wrestling between buyer and seller📈FOREXCOM:XAUUSD
OANDA:XAUUSD
Hello dear traders.
If the price does not stabilize above the $2030 level, it can start bearish scenario.
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CrazyS✌
MAZN Bearish Butterfly Pattern Will Start at 134$.
The Butterfly pattern is a reversal pattern composed of four legs, marked X-A, A-B, B-C and C-D.
It helps you identify when a current price move is likely approaching its end. This means you can enter the market as the price reverses direction.
The above chart is a bearish version of the pattern, where you would be look to sell AMZN after the pattern has completed.
X-A
In its bearish version, the first leg forms when the price falls sharply from point X to point A.
A-B
The A-B leg then sees the price change direction and retrace 78.6% of the distance covered by the X-A leg.
The Butterfly is similar to the Gartley and Bat patterns but the final C-D leg makes a 127% extension of the initial X-A leg, rather than a retracement of it.
B-C
In the B-C leg, the price changes direction again and moves back down, retracing 38.2% to 88.6% of the distance covered by the A-B leg.
C-D
The C-D leg is the final and most important part of the pattern. As with the Gartley and Bat pattern you should also have an AB=CD structure to complete the pattern, however the C-D leg very often extends forming a 127% or 161.8% extension of the A-B leg. As a trader you would be looking to enter at point D of the pattern.
How to trade a bearish Butterfly
To trade a bearish Butterfly pattern, place your sell order at point D (the 127% Fibonacci extension of the X-A leg), position your stop loss just above the 161.8% extension of the X-A leg and place your profit target at either point A (aggressive) or point B (conservative).
A Successful Long Trade on Bullish Butterfly PatternThose who went long on the NZDJPY Bullish Butterfly Pattern might have profited more than 100 pips (~1,000 USD/lot).
The trader suggests waiting for a Type 2 Butterfly Pattern at 89.35 or a retest of support at 89.73 for a counter-trend buying opportunity.
What's your trade plan for NZDJPY?
Bearish butterfly pattern avaxusdt Bearish butterfly pattern Avaxusdt . we will have a little correction. remmeber that the correction would be little.
Tesla stock investment planTesla stock investment plan
Currently, tesla appears a butterfly pattern in the next week's frame with good news of this corporation, and this is also the time for previous speculators to take profits.
Trading plan: Sell off according to the butterfly pattern, and back to the 0.5-0.618 fibo zone we gather and hold up
📈Bitcoin price correction / Targets for the Bearish market📉BINANCE:BTCUSDT
COINBASE:BTCUSD
Hello dear traders. Let's make it simple.
Bitcoin will retest lower levels around 43K. (But the most important dynamic level is the Daily Bollinger midline.)
If the price breaks below the specified area, Bitcoin can fall towards lower targets of $40,000 to around $37,500.
Many analysts are predicting a sell-off after the approval of the Bitcoin ETF.("Sell the news")
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BITCOIN ROADMAP CHAPTER 6 - ATTACHMENTHow about a bullish butterfly pattern on Bitcoin chart ? Can it be the reversal pattern on long term ?
See the comments below for more info
The goal of reducing $40According to the Butterfly pattern, the decline at the target of $ 40 ideally converges. We also go down the channel where the lower border of the channel will be. All 2 parameters should be added together. We should reach it by the end of 2024, there will be a great point for going to long.
