Results 1 to 3 of 3
Like Tree1Likes
  • 1 Post By kor4x

Thread: Reversal and Continuation Butterfly pattern

  1. 02-07-2012, 11:31 AM #1
    Admin
    Admin is offline
    Administrator
    Join Date
    Oct 2011
    Posts
    289

    Reversal and Continuation Butterfly pattern

    Suitable diagrams to be uploaded soon.
    see the post below.

    For more info about Butterfly pattern and the confirmation methods see -> Butterfly pattern - table of content
    Last edited by kor4x; 07-10-2012 at 11:40 PM.
    Reply With Quote Reply With Quote
  2. 07-10-2012, 11:24 PM #2
    kor4x
    kor4x is offline
    Wizard
    Join Date
    Oct 2011
    Location
    A, A
    Posts
    2,594
    Send a message via Skype™ to kor4x
    Most popular position for the butterfly pattern is the end of a trend. We all like to catch end of wave 5, and butterfly simplifies it. Pattern forms on Wave4 and Wave5. Most of butterfly examples you find on this forum are for reversal butterfly, ... like here: Reversal and Continuation Butterfly pattern-butterfly-bullish-pattern-location-eurnok-h1-2012-06-29_0031.png

    Continuation butterfly instead happens at the end of correction.
    Reversal and Continuation Butterfly pattern-butterfly-bullish-usdcad-m30-2012-07-11_0021.png

    More on this (including diagrams) soon. Stay tuned.
    Last edited by kor4x; 07-10-2012 at 11:34 PM.
    Samtastico likes this.
    Reply With Quote Reply With Quote
  3. 07-21-2012, 10:51 PM #3
    kor4x
    kor4x is offline
    Wizard
    Join Date
    Oct 2011
    Location
    A, A
    Posts
    2,594
    Send a message via Skype™ to kor4x
    another continuation butterfly example -> Reversal and Continuation Butterfly pattern-butterfly-bearish-continuation-gbpaud-m15-2012-07-21_2350.png
    Reply With Quote Reply With Quote
« SL for Butterfly | Books & articles about the butterfly pattern »

Similar Threads

  1. Reversal and Continuation Gartley pattern
    By Admin in forum Gartley pattern
    Replies: 4
    Last Post: 03-25-2015, 07:10 AM
  2. Reversal and Continuation 121 pattern
    By Admin in forum 121 pattern
    Replies: 0
    Last Post: 04-03-2012, 12:02 PM
  3. Confirmation Techniques for the Butterfly pattern: Reversal candlestick patterns
    By Admin in forum Butterfly pattern
    Replies: 0
    Last Post: 02-07-2012, 04:20 PM
  4. Defining Potential Reversal Zone for the Butterfly pattern
    By Admin in forum Butterfly pattern
    Replies: 0
    Last Post: 02-07-2012, 03:50 PM
  5. Reversal and continuation Bat pattern
    By Admin in forum Bat pattern
    Replies: 0
    Last Post: 02-06-2012, 10:50 PM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules


1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41