Bearish Butterfly Pattern
- A-B must touch 0.786, but cannot exceed X
- B-C touches 0.382, but sometimes goes further (does not exceed A)
- ABCD formation. D has to reach outside X and touch 1.272 or 1.618 (on this case it went a little higher because of Euro news)
- TP 0.382 TP2 0.618 (Fibo A-D)
X to D distance is 1.618 (1.618 golden ratio!)
X to B distance is 0.758 (around 0.786!)
A to C distance is 0.862 (around 0.886 retracement)
B to D distance is 2.317 (around major retracement 2.618)
Good Trading
- A-B must touch 0.786, but cannot exceed X
- B-C touches 0.382, but sometimes goes further (does not exceed A)
- ABCD formation. D has to reach outside X and touch 1.272 or 1.618 (on this case it went a little higher because of Euro news)
- TP 0.382 TP2 0.618 (Fibo A-D)
X to D distance is 1.618 (1.618 golden ratio!)
X to B distance is 0.758 (around 0.786!)
A to C distance is 0.862 (around 0.886 retracement)
B to D distance is 2.317 (around major retracement 2.618)
Good Trading
Dagangan ditutup: sasaran tercapai
Third TP has been reached
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.