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Thread: Confirmation Techniques for the Butterfly pattern: Trendlines

  1. 02-07-2012, 02:51 PM #1
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    Confirmation Techniques for the Butterfly pattern: Trendlines

    Trendlines working for you as support resistance and location of potential pattern D point (entry).

    Horizontal support/resistance:
    Confirmation Techniques for the Butterfly pattern: Trendlines-butterfly-pattern-horizontal-support-resistance-tradingarsenal-dot-com.jpg

    Trendline acting as support/resistance:
    Confirmation Techniques for the Butterfly pattern: Trendlines-butterfly-pattern-trendline-support-resistance-tradingarsenal-dot-com.jpg
    Last edited by kor4x; 08-22-2012 at 10:47 PM.
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« Defining Potential Reversal Zone for the Butterfly pattern | Confirmation Techniques for the Butterfly pattern: Combining different timeframes »

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