Results 1 to 1 of 1

Thread: Confirmation Techniques for the Butterfly pattern: Trendlines

  1. 02-07-2012, 02:51 PM #1
    Admin
    Admin is offline
    Administrator
    Join Date
    Oct 2011
    Posts
    289

    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.
    Reply With Quote Reply With Quote
« Defining Potential Reversal Zone for the Butterfly pattern | Confirmation Techniques for the Butterfly pattern: Combining different timeframes »

Similar Threads

  1. Confirmation Techniques for the 121 pattern: Trendlines
    By Admin in forum 121 pattern
    Replies: 1
    Last Post: 02-10-2021, 06:32 PM
  2. Confirmation Techniques for the Gartley pattern: Trendlines
    By Admin in forum Gartley pattern
    Replies: 2
    Last Post: 04-16-2012, 02:45 PM
  3. Confirmation Techniques for the Butterfly pattern: Channel
    By Admin in forum Butterfly pattern
    Replies: 0
    Last Post: 02-07-2012, 03:33 PM
  4. Confirmation Techniques for the Butterfly pattern: Cycles
    By Admin in forum Butterfly pattern
    Replies: 0
    Last Post: 02-07-2012, 02:55 PM
  5. Confirmation Techniques for the Bat pattern: Trendlines
    By Admin in forum Bat pattern
    Replies: 0
    Last Post: 02-06-2012, 10:45 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