Dear Traders,
Today I'm bringing to you an opportunity on US30, the I believe this going to work as a continuation of the uptrend, so I'm consider this pattern as a Bullish Butterfly of Continuation, cuz this what I believe it's about to happen soon.
The price it's not to distant to the complete the pattern and also not to close, so we have to be patient so we can see what's really going to happen right here, that being said let's go to the basics rules.
Rules:
1. Harmonic Patterns Completion ( Bullish Butterfly@1.272XA) - 50% Complete ;
2. PRZ Hit Waiting;
3. Terminal Bar - Waiting;
4. PRZ Test -Started;
5. Candlestick Reversal Sign - Waiting;
6. Candlestick Confirmation Sign -Waiting;
7. RSI Reversal Sign - Waiting;
8. RSI Confirmation Sign -Waiting;
9. Type-1 Reaction - Waiting;
10. Type-2 Reversal - Waiting;
11. Risk Management - Applied;
12. Risk / Reward - 1/3.
" By this we know Love, because H3 laid down his life us.
And we also ought to lay down our lives for the brethren."
1John 3 : 16 NKJV
Today I'm bringing to you an opportunity on US30, the I believe this going to work as a continuation of the uptrend, so I'm consider this pattern as a Bullish Butterfly of Continuation, cuz this what I believe it's about to happen soon.
The price it's not to distant to the complete the pattern and also not to close, so we have to be patient so we can see what's really going to happen right here, that being said let's go to the basics rules.
Rules:
1. Harmonic Patterns Completion ( Bullish Butterfly@1.272XA) - 50% Complete ;
2. PRZ Hit Waiting;
3. Terminal Bar - Waiting;
4. PRZ Test -Started;
5. Candlestick Reversal Sign - Waiting;
6. Candlestick Confirmation Sign -Waiting;
7. RSI Reversal Sign - Waiting;
8. RSI Confirmation Sign -Waiting;
9. Type-1 Reaction - Waiting;
10. Type-2 Reversal - Waiting;
11. Risk Management - Applied;
12. Risk / Reward - 1/3.
" By this we know Love, because H3 laid down his life us.
And we also ought to lay down our lives for the brethren."
1John 3 : 16 NKJV