In this post we are going to present failed Butterfly pattern cases.
For more info about Butterfly pattern and the confirmation methods see -> Butterfly pattern - table of content
The c leg is weak retracement and price tanked when it broke support. What did the bigger picture look like ?
What did the bigger picture looked like (that was a very relevant question)? What the other confirmation methods showed before / at the time of failure?
Any conclusion?
Harmonics Tube - daily trading setups based on harmonic patterns
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AMPmonitor - harmonic and price patterns recognition Scanner that I use
TradingArsenal Quiz project - best edu material regarding the Harmonic Patterns Trading