A bearish butterfly is a specific chart pattern used in technical analysis within the realm of Harmonic Trading. This pattern helps traders identify potential reversal points in the price of an asset, typically indicating that the asset's price may reverse from an uptrend to a downtrend.
Key Features of the Bearish Butterfly Pattern
The bearish butterfly pattern consists of five points labeled X, A, B, C, and D. The pattern is formed by four distinct price swings, creating specific Fibonacci retracement and extension levels.
X to A: The initial move up from point X to point A.
A to B: A retracement move down from point A to point B, which is typically 78.6% of the XA leg.
B to C: A move up from point B to point C, which is usually 38.2% to 88.6% of the AB leg.
C to D: The final move down from point C to point D. The CD leg is an extension of the XA leg, and D is often found at 127.2% to 161.8% of the XA leg.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。