With this analysis i think that we have a very igh probability that the market will go down to touch the EMA indicator and test the validity of the current trend, Please share with me your thoughts Regards
I personally will open entry if the price will show it according to my Analysis. Always make your analysis before a trade.
Look for an rejection or engulfing candle in the area of our entry or place a Sell limit.
Bearish butterfly forming around the gap. Don't think we fill it before we collapse back down to support.
Here we are again, I came up with this simple analysis that might happen on Monday because this current trend is in the 12th round already, So the market surely will reverse to an uptrend, it will touch at least the first red line,
Possibility of a butterfly pattern. That'd be nice trading setup
this Idea is in Continuation of my Confirmed Previous Idea. Butterfly pattern
a potential Harmonic Butterfly pattern is on the chart. It's 1.272XA completion lines up with ab=cd measurement and 2BC inversion
SL @ 18 MAY 2020 Hi, TP1 @ 1670. Detail @ The Chart...
Reacted to the minimum shark formation levels that I have marked off
I’m sorry I haven’t posted in a while. Will post more
Emerging Bearish Butterfly , watch price action at the potential reversal zones Sell breakout If you like , give thumbs up and follow , Many Thanks #Stay_Home
3rd pattern for this week. Market overextended and a butterfly formed in previous support.
Emerging Anti shark Emerging Butterfly Wait for bearish price action at the prz
Emerging Bearish Butterfly One Last bullish wave still under progress before the market reverses down ! This is the bearish scenario , I will post bullish scenario later If you like , please give thumbs up and follow Many Thanks , #Stay_Home