EUR/CAD: Bearish BUTTERFLY and BAT PATTERNS on the go.
The Bearish Butterfly Pattern is already completed, but the price seems to hold an uptrend (take a look at the MACD Indicator!)
In case when the Butterfly does not create any effect, we can wait for the completion of the Bearish Bat Pattern.
In this case, I'm inclined to do the second thing because my Strategy does not let me trade any Butterfly Pattern.
By the way, the effects of these two pattern are supported by the Yellow Areas, which are Resistance Areas that coincide with the completion of the Patterns.
Let's wait, this is an interesting situation of non-structured chart, which is the most profitable situation for Harmonic Patterns!
Cheers, Edoardo Enrico.
In case when the Butterfly does not create any effect, we can wait for the completion of the Bearish Bat Pattern.
In this case, I'm inclined to do the second thing because my Strategy does not let me trade any Butterfly Pattern.
By the way, the effects of these two pattern are supported by the Yellow Areas, which are Resistance Areas that coincide with the completion of the Patterns.
Let's wait, this is an interesting situation of non-structured chart, which is the most profitable situation for Harmonic Patterns!
Cheers, Edoardo Enrico.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。