EURJPY BEARISH BUTTERFLY I just short this pari from 118.38 ' Butterfly normally gives the best opportunity to trade the tops. Attention: This is a Counter Trend Trade, For trend followers pls ignore
EURNZD short setup after butterfly completion
Right now XAUUSD sits on 88.6% of the last high. I expect it to shoot past this point and continue to ABCD presented or Butterfly Pattern. iExpect a slight drop from the 88.6% and than a continuation upward.
I've not posted on here for almost two months since taking the time out to develop core material for my trading course but I'm back with a huge setup! We're looking at a potential bearish butterfly on a 4h chart for USD/CAD. Make sure to keep this one on your watchlist, we'll be watching this heavily going into next week. I'll be expecting price to stall out...
A daily TF bearish Wolfe Wave is nearing completion on the NZD. At the same level, a bearish butterfly pattern is complete. This is also occurring near the important .618 Fib on the weekly TF. Keep an eye on this one. Happy Trading!!
Yesterday all you guys had very good expiry day , I hope ! So for coming days we are ready with our analysis for Nifty. The reversal zone marked has few fib confluences too which I removed as the chart looks messy. Right in our resistance zone we have potential bearish butterfly completion where we can initiate our short positions for smaller pattern based...
So here we have two patterns which is about to complete in AUDUSD. Usually Gartleys have higher success ratio than butterfly's but Gartley's have higher risk than Butterfly. So based on your risk profile and as per your plan trade this idea Happy Trading ! Hit Likes if you agree !!
There is a chance for price action to retest price at the green zone with that, CD leg of a potential bearish butterfly pattern is formed . Looking for short setup on the HR1 or HR4 time frame. But as of the moment, I am looking for long (in lower TF) and TP at the potential S/R zone.
Just another opportunity with 3 confirmations 1.overbought RSI (DEFAULT) 2.AB=CD 1.27 Extension 3.BCD leg = Butterfly pattern in h1
It's a Sunday night, we have an amazing week ahead of us let's start off with AUD/CHF on the 4h chart which is forming a bearish butterfly. As you can see from previous price movement our pair is creating a channel, I would like to see price spike up to hit our D point completing the bearish bat pattern at 0.74700 then just drop straight back down. If the pair is...
Nice confluence of a potential bearish Butterfly's D point with a structure already broken to downside (which is also a Fibonacci cluster level)
In context with higher time frame bearish trend, very possible scenario in my opinion. At D point there is resistance zone, it adds logical context to
Hello all traders! More harmonics! We may have a Bearish Butterfly pattern on USD JPY 60m Conserve losses! As we have NFP on the way! Have a good one, and all the best in your trading! CharlieFX
Idea posted before Christmas holidays posted at is still valid. Price is now approaching a daily resistance level in conjunction with a bearish butterfly pattern completion.
140+PIPS TO DOWNSIDE...GOOD LUCK! KEEP THE RADARS UP!!!
A bearish butterfly is about to complete in important zone with multiple resistance.
I'm long this pair and wanted to share the potential for shorting in the very near future! Looking for bearish activity in the red zone! 150-300 pips to the downside if we hit both targets...Good luck! KEEP THE RADARS UP!!!