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Lowe's Companies, Inc.
教育
2024年4月11日
Strategy: Butterfly Correction Pattern.
7
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The butterfly can appear as a corrective pattern in a trend.
When it does, it's a two leg correction. The second leg is a false breakout of the first.
Being a harmonic, the final leg (D leg) is always the strongest.
When the butterfly serves as a corrective pattern, strong follow through can come.
In the times this works, we usually see the next swing extend 2.20 of the full range of the two leg correction (B-D legs).
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Harmonic Patterns
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Harmonic Patterns
strategy
holeyprofit
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We have signals services starting from only $10.
Find them here:
holeyprofitnewsletter.substack.com/p/all-holeyprofit-newsletters
Find 15 free strategies here:
holeyprofitnewsletter.substack.com/p/strategies-parent-thread
更多:
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