As you can see the entry level has just been broken. Yet, we can still managed to make market order. Targets are based from fibonacci retracement running along C to D. Target 1: 1.07624 Target 1: 1.08793 Target 1: 1.09736
this is a bullish butterfly pattern in 4hr chart.
Here we are looking at EUR/JPY on a 4h chart with a perfect bullish butterfly harmonic pattern, price is currently bearish but I am looking for price to stall out on our D point followed by a major reversal heading towards resistance at 113.900 before continuing to make a moving lower. Spotting a 'perfect' bullish butterfly can be difficult, here are the...
Hi, hopefully we are just about to get filled here on a long position, on a bullish butterfly pattern. Targets will be the 0.382
Hi Guys... We got 3 Bullish patterns ending in same zone, so we can expect a move up once EURUSD reaches 1.09200's. In this particular trade your risk will be very minimum bcos X point is so close to D points completion, so if you are pattern trader initiate long positions in EURUSD and enjoy the trade... Thanks for your Support...Happy Trading !
PA is still in channel. Break to the downside has 2 targets, 2.07665 and 2.05053, that's if PA breaks the channel. Upper range break would target 2.13550 and perhaps 2.14570. Keep in mind the weekly chart where a pennant is forming and the bullish bat completion at 2.00 is in progress!!!
Potential Reversal Zone at 2.1236 with potential targets at 2.1640 and 2.1885. For the brave souls that choose to take this trade, stops should be below the 2.1075 level.
The Potential Reversal Zone on this butterfly pattern is right above a previous major low. Because of this the risk is tiny compared to the reward. (1:10 for target 1), (1:18 for target 2). Entry at 27.74. Stops below 27.56. Potential targets at 29.95, and 31.37.
NZDUSD recently broke lower and offers a large move to the downside for 400+ pips!!! If you're looking for a way to short the larger move, perhaps this Bull Butterfly is the answer... I will likely post precise entries. Bull Butterfly has 70+ pips of upside potential 400+ pips of downside after Bull Butterfly retrace...Good Luck!!! KEEP THE RADARS UP!!!
A Bullish Butterfly pattern has formed on the Weekly chart of the GBP/JPY. Point D formed between the 1.272 and 1.618 extension of XA. Point D is @ 1.519XA. Pattern data is on chart as well as Fibonacci Retracement targets. Remember, this is Weekly chart, be patient. Manage you risk. Stop should be place BELOW piercing line pattern. Happy Trading!
Price still in range, trying to break support at 1.0806, a bullish B-fly projection emerge and could retest support at 1.0718 Note: Bearish bat projection (green) on D1 chart (see link for more info)
Now that the head and shoulder pattern is confirmed and the 1.08 has been broken a bullish butterfly could be the next move on this pair. Still some important decelerating data need to be released from the eurozone !!!
a butterfly trap in a cage LOL my bullish buttefly set-up