Popular Today
Popular Today
Popular All Time
Newest
Charts and Videos
Charts and Videos
Charts
Videos

Profile

The Butterfly Pattern is a distinct 5-point extension structure that was discovered by Bryce Gilmore and further defined by Scott Carney. It has specific Fibonacci measurements for each point within its structure and it is important to note that D is not a point, but rather a zone in which price is likely to reverse, called the Potential Reversal Zone (PRZ). The B point retracement of the primary XA leg lies at 0.786 and the PRZ consists of 3 converging harmonic levels: 1) 1.27 extension of the primary XA leg, 2) AB=CD pattern, either equivalent or 1.27 and 3) Extreme BC projection of 2.00, 2.24 or 2.618.

The first target would be the 382 retracement of AD and the second target the 618 retracement of AD. Common stop levels lie behind the next structure level after the D point or the 1.41 extension of XA. Conservative traders look for additional confirmation. These patterns can be bearish and bullish. TradingView has a smart XABCD Pattern drawing tool to visually identify 5-point reversal structures.
traderpulse traderpulse AUDUSD, 240, Long ,
34 0 0
AUDUSD, 240 Long
AUD/USD Technical analysis

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.

21 0 0
USDCHF, 240
BULLISH BUTTERFLY

BULLISH BUTTERFLY

traderpulse traderpulse EURUSD, 240, Short ,
192 0 1
EURUSD, 240 Short
EUR/USD Technical analysis

Atlast! It has happened. The pair has broken out from its tight range as per our analysis. A retest of the broken range is expected and the pair is also forming a bullish butterfly pattern. Hence we advise the traders to wait for a pullback and then make a short trade and not to initiate a long trade.

57 0 2
WIPRO, 1D Short
butterfly pattern bearish

pattern formed as butterfly bearish pattern so trade with caution..

DSKF16 DSKF16 CADILAHC, 1D, Long ,
139 0 3
CADILAHC, 1D Long
CADILA HEALTHCARE: Invest for DECENT Appriciation

Price Volume BREAKOUT. Last VOL: 3.529M, Avg. VOL: 1.53M => Volume > 2.3X, LTP (@ 347.95): +1.3% (Though NEEDs Confirmation.) Best LONG: @ 344.70 - 339.50 More Accumulation: @ 336.20 - 332.80 Intraday TGTs: @ 352.80 - 355.35 - 357.20 - 362 - 366.20+ WEEKLY (Positional): @ 366.70 - 373.70 - 381.4 - 388 - 395.50+ Bullish BUTTERFLY in Progress. PRZ (Potential ...

1782 15 27
SBIN, 240 Short
SBIN - Butterfly in Stomach- Feeling Nervous@278

I knocked your door several times@259 - If you missed me - you missed me! - Let me become history because I was mystery 28th May 2018 Update - I knocked your door@259 - you miss me I shall come back ...

213 0 7
KOTAKBANK, 15 Long
Kotak Bank: Bearish Butterfly

Notes on the chart Regards

kbmj kbmj TATAMOTORS, 1D, Long ,
1318 8 25
TATAMOTORS, 1D Long
Tata Motors : Will Make A Ride like "Jet" !!!

Dear All , Everything is mentioned Over the Chart ... Good Luck !!!

135 0 5
TALBROAUTO, 1D Long
Talbros Auto looking strong

Disclaimer.. not an investing /trading recommendation https://www.tradingview.com/x/uncOOaMj/https://www.tradingview.com/x/uncOOaMj/

pratik2358 pratik2358 CANFINHOME, 1D, Long ,
164 0 6
CANFINHOME, 1D Long
A GOOD POSITIONAL bet ,

FUNDamentally strong !, good investment theme .. low risk .. good buisness ...what else you need !!!

nsakthideva nsakthideva AUDJPY, 60, Short ,
38 0 0
AUDJPY, 60 Short
SHORT AUDJPY BUTTERFLY PATTERN

Hi, Guys This is deva I looking for new strategy Gartley pattern don't try it's not a confirmation pattern keep watch... AUDJPY -0.18% Gartley Butterfly pattern keep watch If move down SL: 50PIPS TP: 81.730 Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may ...

DSKF16 DSKF16 SUTLEJTEX, 1D, Long ,
119 8 2
SUTLEJTEX, 1D Long
SUTLEJTEX: hARMONIC Bullish BUTTERFLY

All mentioned & plotted on Chart. Notice "Crucial Supply Zone", "Extended SUPPLY Zone", "PRZ" Education Purpose only. For trade decision consult with Financial advisor.

40 0 2
CNXINFRA, 1W
Quick gains off Nifty Infra

Bullish cypher with bullish divergence, a sweet spot for a blast.. Also the D point is cushioned in ichimoku kumo clouds and presently at pivot.. The uptrend's resistance is expected to be at the outerline of the pitchfork and 0.618CD of the cypher pattern, which coincides.. But i expect there will be a bit of correction i the lines of 10 to 15 percent after ...

440 0 7
BTCUSD, 60
the bear bull fight

BITFINEX:BTCUSD COINBASE:BTCUSD BITSTAMP:BTCUSD Disclaimer... this is not an investing/trading recommendation...

63 2 3
NATCOPHARM, 1W
The Complex Company-NATCO PHARMA

disclaimer... not invested, no plans there of... this is not an investing/trading advice

172 0 3
BTCUSD, 15
Dance in the PRZ of the Bigger Cypher

BITFINEX:BTCUSDCOINBASE:BTCUSDBITSTAMP:BTCUSD A bullish butterfly in formation... A very short term structure... Disclaimer.. not an investment/trading recommendation...

37 0 0
TATAPOWER, 1W
TATA POWER RELOADED..

C point of butterfly validity check... 1. current C point is on a 20months trendline (0.5AB) 2. if breaks the next stop is on the median line of the pitchfork (0.618AB) CD up leg validity check.. 1.Bullish reverse divergence on RSI 2. probable cypher in formation Potential reversal zone limit estimated at 1.27XA of the butterfly... reversal pathway estimated ...

656 0 6
BTCUSD, 15
A Final Pump before the Bears Knock

BITFINEX:BTCUSDCOINBASE:BTCUSDBITSTAMP:BTCUSD1.Bigger bearish cypher in formation 2.Smaller bearish butterfly/deepcrab in formation 3.Bullish reverse divergence in RSI 4.the current 382 green line in pitchfork will yield to the next blue line which has been a resistance before also on 12th march.. 4. Ichimoku kumo cloud 4hrs, resistance band upper limit is the ...

Show More Ideas 1234
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out
Browse
Video