The Formation of the bearish BUTTERFLY 1H is a good reason to go short on the EURGBP . This aligns nearly perfect to the entry of the cypher in my recent post @ I will attach some of the entries on the lower time frame in the comment section.
The Formation of the bearish cypher on the daily is a good reason to go short on the EURGBP. There was a butterfly reversal that formed in the sell zone which aligns near perfectly to the entry of the cypher I you can find a link to below in the comment section. I will attach some of the entries on the lower time frame in the comment section.
The confluence of patterns which include the cypher, gartley and butterflies in the 1711 zone is a great opportunity to buy gold. Entries are onthe lower timeframe. check the comment section for reference to entries on the lower time frame abd past related work.
The Formation of the Bullish Butterfly on the weekly is a good opportunity to go long on the XAUUSD . entries should be Identified in the stop area on lower time frames. I will attach some of the entries on the lower time frame in the comment section.
The Formation of the Bullish Bat on the weekly is a good opportunity to go long on the XAUUSD. entries should be Identified in the stop area on lower time frames. I will attach some of the entries on the lower time frame in the comment section.
the Formation of the butterfly pattern is a good indication of buyers in the 1.20732 area. We look for our entries on the lower TF and ride with bulls to TP1 where the bulls will Take their first profit.
From the traders perspective on this time frame, there is an opportunity to go short.
The bulls managed to create a new high by pushing price to close above the A point of the Butterfly pattern. We are now to look for a continuation pattern around a pull back and take a long position on the BTCUSD. This analysis is from the investors point of view.
The beaars managed to beak below the neckline of the head and sholder pattern. they also broke out of the POC level. A gartely pattern on the 1hr has completed a continuation to the down side successfully.
The right shoulder of the H&S pattern has in it a Bat and a butterfly harmonic pattern which at the same time reverses and continues the trend to the down side.
The market has made an impulse to the down side that formed a head and shoulder after testing the neck line, the market is about to coplete the right shoulder of the H&S pattern before it continues its move to the down side.
At the completion of the pattern from this week, most likely, we are about to see a bearish movement on the BTC....goodluck
The GBP is forming a Rising wedge, let's wait for a break out and join the bears down the water fall.
Bitcoin has formed a bearish crab Pattern and we are begining to see bearish confirmation due to the divergence on the RSI.
The price of is forming a descendant Tringle. The price has broken out of the ascending channel. We are waiting for a further confirmation to see the price breakdown below the support level at 0.70329 . Combing that with a good price action signal. we can take a very good short position to the next support level at 0.68425 .
The market has formed a bullish bat-pattern. The market is forming a triangle chart pattern. Price broke obove the daily reisnce level. Target is te 4* trendline. RRR = 1:3
Price broke out of the channel and the rising wedge. this is a good opportunity to go short.
Price is forming a rising wedge pattern. let's wait for the wedgebreakout and priceaction confirmation for good entry.