Harmonic Pattern Trading Strategy - Easy Step-By-Step Guide
Harmonic Pattern Trading Strategy - Easy Step-By-Step Guide
Sep 11, 2017
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Mr shah on Instagram: "📉 Bearish Butterfly Harmonic Pattern The Bearish Butterfly is a harmonic chart pattern that signals a potential trend reversal from bullish to bearish. It helps traders identify areas where the price is likely to reverse down after completing a specific Fibonacci-based structure. --- 🦋 Structure of the Bearish Butterfly The pattern has five key points: X → A → B → C → D Price moves in 4 legs following strict Fibonacci rules. 1️⃣ XA Leg First impulse move upwards. Creates
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