Trending price action . Bearish butterfly 🦋 has to complete move to C tp:736
USDTRY will gone moon ! USDTRY Where will be arrived? USDTRY BULL prive movement prediction ready i believe that . USDTRY mine own perspective so what's your consideration on the price movement please comment in the below section .
LONG-TERM: Bullish butterfly PCZ bounce off an iceline, descending broadening wedge, classic bullish divergence. (not financial advice)
// Personal memo Completed butterfly, sell until reaching support from longer term uptrend
Pure Harmonic Bearish Butterfly Identified using Scott Carney's HPC
In this video I go over the Daily and 8 hour charts to review whats happened and what I am looking at for signs. After reviewing those 2 charts, I go over a 15 minute chart to see what stands out and then I draw some fibs to watch.
Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩💻
Stocks have broken down from our butterfly cypher pattern. This has been a long time in the making, and our analysis with harmonic patterns has foretold this correction weeks prior. We have actually broken down a bit past the target, to the 0.618 Fibonacci retracement level at 4144, which is also a technical level. If anything is going to slow the bleeding...
After reaction on 78.6 fibo, we can expect fulfilment of Butterfly harmonic pattern. Point D of the pattern is at 127.2 fibo in the area of 28000. Potential long position can be short-term.
BTC formed bearish butterfly pattern and possibly nearest target is around 33k minimum.
After reaching first PRZ and touching all of butterfly PRZ zone, BTCUSDT started a falling trend. Although it was supported by first butterfly PRZ zone, we might be witnessed a falling trend again if it lost its support zone.
Stocks have picked up to 4228, after finding support at 4193. We have alerted you that stocks would likely find support here, since it is the 0.382 Fibonacci level, coinciding with a strong technical level of support. Technically, the profit target for a cypher pattern such as our butterfly is a 50% retracement of the CD segment (last leg of the pattern), but...