Perfect automated detection of Butterfly pattern - Long
A Bullish-type Butterfly pattern occured near the support zone of 1.466-1.477.
Short entry after seeing the reversal. After that, note that a large rebound may occur near the next resistance zone 1.521 to 1.532.
If it falls below 1.477 without reversal, the downtrend is unlikely to occur immediately as there is a support zone of 1.433-1.444 just below.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
Short entry after seeing the reversal. After that, note that a large rebound may occur near the next resistance zone 1.521 to 1.532.
If it falls below 1.477 without reversal, the downtrend is unlikely to occur immediately as there is a support zone of 1.433-1.444 just below.
*Harmonic patterns and support/resistance zones are automatically detected using the indicators below.
- Harmonic auto-detect PRO
- Support/Resistance Zone Auto PRO
Contact : harmoniclab.info/