butterfly bullish pattern emerges on EURJPY

It should still take couple of days more (around end of this week), but we will be observing emerging butterfly bullish pattern on EURJPY.

Price arriving to the D point will offer very good R:R for this butterfly trade. We will apply our confirmation methods at that time.

New version of DaVinci indicator: tools.tradingarsenal.com/davinciskiss-harmonic-indicator-download/

MTF cycle indicator: http://tools.tradingarsenal.com/MTF-cycles-indicator-mt4/

Harmonic butterfly pattern trading strategy: http://tradingarsenal.com/butterfly-pattern/306-butterfly-pattern-table-content.html

NZDUSD butterfly bulish pattern - initial price action

Very nice overnight price reaction on the NZDUSD butterfly bullish pattern from yesterday (see preevious post):

turning point confirmed also by the MTF Cycle indicator. Cycles from 3 different timeframes were projecting the turning place possibility.

For more on our cycle indicator see: http://tools.tradingarsenal.com/MTF-cycles-indicator-mt4/

NZDUSD butterfly pattern formed

NZDUSD butterfly bullish pattern formed

New version of DaVinci indicator: tools.tradingarsenal.com/davinciskiss-harmonic-indicator-download/

Harmonic butterfly pattern trading strategy: http://tradingarsenal.com/butterfly-pattern/306-butterfly-pattern-table-content.html

emerging butterfly bullish NZUSD

emerging butterfly bullish NZUSD

Gartley pattern on EURGBP

Gartley pattern on EURGBP