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Bullish Butterfly and Bat Patterns on SPY (3H Timeframe)

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๐Ÿ” Overview:

Exciting bullish setups on SPY with both Butterfly and Bat harmonic patterns on the 3-hour chart! ๐Ÿ“ˆ These patterns are showing strong potential for an upward move.

๐Ÿ“‰ Chart Analysis:

1๏ธโƒฃ The Butterfly and Bat patterns suggest potential bullish reversals, with support holding around the $533.47 level.
2๏ธโƒฃ These double harmonic patterns provide strong bullish confirmation, making this setup particularly compelling. ๐Ÿ“Š

๐ŸŽฏ Trade Setup:

Profit Target 1: $548.53 ๐Ÿ’ฐ
Profit Target 2: $563.50 ๐Ÿ’ธ
Stop Loss: $533.47 ๐Ÿšจ

๐Ÿ“ Why I'm Interested:
The combination of these two harmonic patterns strengthens the bullish outlook. ๐Ÿ“ˆ These patterns often signal high-probability reversals, providing a great opportunity for a long trade.

The RVOL Average is supporting the creation of this patterns as well.

๐Ÿ“… Timeframe: Monitoring this setup on a 3-hour chart, which means keeping an eye on shorter-term price movements for optimal entry and exit points. โณ

๐Ÿ”” Stay Updated: Keep watching the price action and adjust your strategy as necessary. Let's capitalize on this opportunity! ๐Ÿค‘๐Ÿš€

#SPY #BullishButterfly #BullishBat #HarmonicPatterns #Trading #StockMarket #TechnicalAnalysis #TradeTalkFarsi ๐Ÿ“ˆ๐Ÿš€
Dagangan ditutup: sasaran tercapai
Hit Target!!! ๐ŸŽฏ Congrats everyone ๐Ÿค‘โœŒ๏ธ๐Ÿค˜๐Ÿป While everyone was bearish we banked on the bullish move. feel free to scale down and aim for target 2

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