The new harmonic pattern found: Bearish A
Butterfly harmonic pattern [.786/.618/1.0/1.272] on EURUSD, and support/resistance
levels are: X; A; B; C;
D.
Bearish A
Butterfly Retracement
Tolerance
#1
2 – Gartley pattern
1 – Pesavento pattern
1 – Pesavento pattern
1 – Pesavento pattern
Bearish A Butterfly (Pattern Retracement)
XD= .854
AB= .618
BC= 1.0
CD= 1.272
Bearish A
Butterfly Rules
XD= n/a
AB= n/a
BC= n/a
CD= n/a
Bearish A
Butterfly PRZ and Target (TP-Take Profit)
XD PRZ= .854
CD PRZ=
1.272
Target= 0 (formation of new pattern)
Price
Range
#1
1.16882 < Range of the prices D
< 1.17018 (price range= 136 pips)
xbac= .618/1.0
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| Bearish A Butterfly harmonic pattern |
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| Bearish A Butterfly img 02 |
