The new harmonic pattern found: Bearish A
Butterfly Pattern [.707/.382/1.618/1.272] on EURUSD H1, May 28, 2019;
and support/resistance levels are: X;
A; B; C; D.
Bearish
A Butterfly Retracement
Tolerance
#1
1 – Pesavento pattern
0 – Additional special clearance
2 – Gartley pattern
2 – Gartley pattern
Bearish A Butterfly Retracement
XD= .707
AB= .382
BC= 1.618
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)
PRZ= XD .707; CD 1.272
Target= .886
Price
Range
#1
1.12128 < Range of the prices D
< 1.12189 (price range= 61 pips)
