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Butterfly Reversal Pattern Trading

My observation is more acted like double top & double bottom reversal pattern.

cheers.

 

I have not heard of one powerful tool for trading.  Every TA tool has limitations.  I observed that in most tools when a trend becomes clear, it changes.  This is quite natural since when one trend is seen, people flock and then overbuy/oversell and the crocs will be ready for them thus one talks of reversal.

 

Nothing new. Mimic Elliott wave.

 

Hi, I heard recently, Butterfly Reversal Pattern is a very powerful tool for trade.

Any Bros or Sis care to share or any link that explain this?

Thanks & happy trading