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Alexander_Nikitin
22 de Oct. de 2018 5:47

usdjpy. butterfly Corto

U.S. Dollar/Japanese YenFXCM

Descripción

A potential bearish butterfly is setting up. the sell zone is the yellow rectangle. green lines are target one and target two.

Comentarios

now the pattern is complete.

Operación cerrada: objetivo alcanzado

"this time is worked ok"

Operación cerrada: objetivo alcanzado

"this time worked fabulous"
Comentarios
tradelikeapro_fx
Hi sir, isnt butterfly pattern 1.272 and 0.786 instead of 1.139 and 0.894?
Alexander_Nikitin
@Quostia, butterfly pattern - yes, butterfly advanced formation - no.
nasser_z
Alexander_Nikitin
@nasser_z,
Butterfly harmonic pattern completes at 1.272XA ( I think you know it if you have read Scott Carney's books/watched his video tutorials/got the certified harmonic trader course). Moreover, it should be complemented by ab=cd measurement and corresponding bc inversion (1.618/2.0/2.24). All three levels should be crossed by a terminal price bar on a Primary timeframe. Within the next bar you are to switch to your Proximate timeframe to find your entry. Once in a trade you should actively manage it using trendlines( a primary trendline and accelerated one)

Butterfly advanced formation completes at 1.272AB (not XA). The limit order is placed at the completion level. A set-and-forget method, no trade management is required.

See the difference???? Why didn't you look at the resources @SN_Doumet recommended??
Aqua_Trader
@nasser_z sometimes it's good to listen to what other people have to say rather than just be blinded by your opinion, this is why this is a community in order to share our views and help each other as opposed to judging.
AlfrieArnold
As Always! u did it again BATMAN! my hero!
mustard
Loved the new captions on your chart, made me smile.
Alexander_Nikitin
@mustard, thank you:)
jamstock
nice
Alexander_Nikitin
@jamstock, thanks you:)
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