OKX:CHZUSDT Similar with ALGO First Little Up Correction then Main Short position will be on the table. It is a harmonic cross roads. Through the C to D long positions is optional but please put your stops under the diagonel support channel. May the force be with you!
We had a bit of a bearish pullback because of Bitcoin and it was tradable thanks to the Bearish BAMM but now Litecoin just finds itself back at a major support that happens to align with the 200 SMA and the 1.414 Butterfly BAMM PCZ. If Litecoin can pivot from here i think it will go for that $99-$105 target though a more short term target would be $74-$77
The price action presents a Butterfly Harmonic in process, in pullback to neckline of the Head and Shoulders formation. This micro consolidation seems to be forming a descending broadening wedge before the potential swing downward to complete the 2nd phase of the CB leg down. 14.6% of Fibonacci retracement target.
Been on vacation for a while and finally back to the chart. What you see here is a potential butterfly on BTC. Trade should be taken between 34.5k - 35k. Confluence for this trade: - 3 Fibonacci Gan Fan. - Golden pocket. - Butterfly Harmonic with a 1.27 fib level. - Monthly level - Naked POC. - Elliot wave 4 count There are probably way more confluence why...
DARUSDT bearish butterfly. The price action is in a confluence with the double bottom formation of BTCUSDT. The Fibonnacci ratios is wonderfully converging with local support and resistence. A Potential Reversal Zone (PRZ) is expected from D point 1.41 Fibonacci extention ratio. Oversold condition for the intraday and hidden bullish divergence on Ehlers' Fisher...
My favorite Harmonic pattern, Butterfly ... The Butterfly Pattern®, The general extension structure of the Butterfly Pattern® was discovered by Bryce Gilmore. However, the exact alignment of ratios was defined in Scott Carney’s 1998 book, “The Harmonic Trader.” This has become the industry standard for the structure. Scott’s ideal Butterfly Pattern® requires...
HUL made bullish butterfly on daily charts & it confirms pattern only above 2117. Could be bought only above 2117 with mentioned stoplos & targets
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Entry(buy) 0.87250, T/P 0.88000, S/L 0.87000 A Bullish Butterfly pattern occured near the resistance zone of 0.865-0.870. (In this resistance zone , there was a rebound from March to May 2020) Long entry aiming for rebound.
Hello, Pattern : Bearish Butterfly Stock : NSE:BANKNIFTY Time Frame : 1 Hour. Always look for reversal patterns in rectangle box area which is a reversal zone and take trade basis on it. Note : This chart is only for study and reference purpose.
BINANCE:DASHUSDT dash is making a perfect butterfly pattern. 0.786 is entry. Stop is bellow 1.618
Put Debit Butterfly Set to capture a Melt with an A,B,C corrective pullback
Wave 5 resistance, opportunity to set up a bearish fly Expiring Feb 28th 2020
textbook bullish butterfly formation on USDCAD -> Potential reversal zone on point D. -> You may wait for the confirmation of reversal. -> Stop loss is your friend. -> Take profit depends on your risk appetite.
Great example of bearish butterfly pattern.
Bearish Butterfly GBPUSD - 1TF
Hey Traders, Gartley Pattern completion at 0.76989, Targets at the 38.2 Fib Retracement of the A-D leg with stops being at the 1.272 Fib Extension of the A-D leg. Butterfly Pattern completion at 0.76206, Targets at the 38.2 Fib Retracement of the A-D leg with stops being at the 1.272 Fib Extension of the A-D leg. Trade Your Plan!