A clear Harmonic Pattern formation is seen in DOT USDT. The target of the Bearish Butterfly formation is 56.7. This target offers you a profit margin of approximately 76%. Taking less risk you should trade above point B. I just wanted to share my personal views. NOT AN INVESTMENT ADVICE.
I found 2 harmonic patterns giving me 2 points of entry a sell limit and a market execution.
TL:DR One of the most powerful forex patterns is visible on the bitcoin chart, but only on the log scale. Ultra bearish if correct. Intro (a bit blogposty) I am constantly looking for the largest market structure I can find and doing such drives me to expand the number of patterns I can easily recall. The harmonic patterns are the trickiest for me due to...
#ALPHAUSDT high potential to touch $5 in coming weeks🚀
Tatachem has wolfewave with ab=cd, Bullish butterfly in progress. 651-635 are prz for butterfly, but wolfewave and AB=CD showing reversal from CMP. #Tatachem has Head and Shoulders at daily timeframe too ,hns target is 585-580...
ETHUSD on supply zone and there is no sign of weakness , hopefully it will pass supply and will reach first destination of butterfly XD, Need to be cautious between 2359-2388, After hitting PRZ it might test supply for further upmove. Targets marked on chart...
Dear traders, as we could obviously infer out of the chart, a combination of bearish signs would force the pair to the downside. A bearish butterfly, strong resistance area, exhaustion of the price, a big bearish daily candle on Friday and being below the WP. Thus, we may enter short for 0.7620, 0.7530 and 0.7460, respectively. Let's See!
DXY chart create bearish butterfly pattern. So, short time bearish up to 91.010 support zone. Then it will be BUY long to 91.808 and upto 92.565 support zone.So,dollar index chart first time little bit down then up. 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...
Dear traders, after a long term decline, it seems the pair is bottoming here with a probable double bottom pattern as well as a bullish butterfly. The price is well above the WP which could cause the pair to rise towards 20.275. Let's See!
We can see the Butterfly pattern/
- The only way to master this market is to never be afraid of the losses you can have with that, instead of that be able to trade with a proper risk management and risk reward, be patience, discipline, consistence and focus, and most importantly faith these characteristics will make you a great trader that you never think you could be. - Here we have a great...
Confirmation of a potential breakout past 14000.00 would allow market bulls to join the existing uptrend. They can open long orders just above this crucial resistance while placing their stop-loss orders around the dip of the last bearish pullback (around 13700.00). The significance of the latter is also confirmed by the fact that the 20-day MA (in red) is...
Although a lot of traders are looking to short GBPUSD, the technical setup doesn't show any signs of weaknesses on this pair. The market has hit Target1 2times on the Bullish Gartley Pattern(yellow) setup. Will there be a Type3 Gartley Pattern? Well, I doubt so, it is more likely to have a Bullish Butterfly Pattern(blue) than a Type3 Garley. I'm waiting for a...
Who else loves Alrorand? What a great project with great people behind. And I love the pure proof of stake!