The new harmonic pattern found: Bearish A Butterfly Pattern [.618/.382/2.0/1.272] on EURUSD H1, March 19, 2021; 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= .618
AB= .382
BC= 2.0
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)
PRZ= XD .618; CD 1.272
Target= .236
Price
Range
#1
1.20344 < Range of the prices D
< 1.20504 (price range= 160 pips)
