Bullish Butterfly

1) Bullish Butterfly Pattern (Harmonic Pattern) 2) Prepairing Higher High Pattern --------------------------------------------------- 3) Stock trading above 20 EMA 4) RSI - Bullish / Positive Divergence on Daily Chart 5) Vortex - Positive on Daily chart --------------------------------------------------- 6) 1st Target - 115-120 7) 2nd Target - 155-160 8) 3rd...

The AUD/USD pair has formed a bullish butterfly pattern. It is currently finding support at the price zone of 0.70800. We expect the price to move towards the resistance points of 0.71929 and 0.72379.

a perfect bullish butterfly is formed a long trade can be initiated on 2nd green candle when it breaks above the first green candle with a stoploss of low of 1st green candle. target based on Fibonacci target 1: 38.2% retracement target 2 : 61.8% retracement.

'If' the stock breaks the bullish trend line, it would not be a good sign for bulls. In that case, bears can put the butterfly in action below 132, and the stock might taste 115 and 97 in near future. A potential reversal can be expected at 92-97 zone. Trade Safe, Be Healthy. Hit Like if this information is useful. Regards Bravetotrade

Hi Friends, Here is a bullish butterfly near to its D leg completion. Trade levels are mentioned on chart – feel free to check it. Note : RSI entered to oversold territory. Trade with care, Gulz.

Bullish Butterfly is forming on Emami. Potential Long Entry @ 1128 Target @ 1173 SL @ 1105