what is the harmonic butterfly chart pattern :

What is the harmonic butterfly chart pattern :

WHAT IS HARMONIC BUTTERFLY CHART PATTERN : Butterfly chart pattern ak part hota ha harmonic patterns ka group ka or ya kam karta ha same principle ki trha jasa ka double bottom or double top pattern ma use ki jati ha. Ya ak technical analysis charting pattern ha, or ya pattern butterfly ki shape ko banata hua banta ha, or ya help karta ha traders ki find karna ka liya potential reversal zone ko or ya pattern following karta ha price ka consolidation ko or is ma two descending or ascending peaks hoti ha. Jasa ka double top or bottom pattern hota ha is trha sa ya butterfly chart pattern four legs sa bana hota ha jis ma two peaks hoti ha or two lows ya high hoti ha jo ka depends kar rahi hoti ha bullish ya bearish par. Jasa double top or bottom pattern ha is trha sa jo butterfly pattern ha ya starts hota ha trend ka reversal karta hua or ya end hota ha to ya bahot hi accurate indication data ha sara or harmonic patterns sa. Is butterfly pattern maa bahot hi specific Fibonacci ratios hota ha jin ka must hota ha ya banay or pattern ko valid karay. 1:Is ma jo AB retrace ho ge ya back ho ge 78.6% sa fib level ka XA leg sa. 2:Jo is ki second leg, BC, ki jo ge ya changes karay gi direction ko or is ma retrace back ho ga between ma 38.2or88.6% ma AB ki leg sa. 3:Or CD leg jo ho ge is ma ya moves karay gi opposite direction ma BC leg sa, or is ma Fibonacci extension level ho ga ya AB leg ka 127% sa 161.8% ma ho ga jab leg banay gi or ya butterfly pattern banay ga. HOW TO IDENTIFY AND USE BUTTERFLY PATTERN : Is butterfly pattern ko find karna koi easy trick ni ha. Is ko find karna ka liya trading experience or knowledge hona chaiya or pata hona chaiya techniques or technical indecators ka bara ma pata hona chaiya or is ma particularly Fibonacci retracement levels ho ga. Jo ya butterfly pattern ha ya resembles karay ga structure ko or formation ko jo gartley pattern ki or ya dakhna ma bat pattern ki trha ha, jis ma bahot hi complicated reversal hota ha trading pattern ko identify or use karna. Is ma jo bhi tool ho ga ya madad karay ga identify karna ka liya harmonic patterns ko jo ka harmonic patterns ki cheat sheet par ha. Is ka structure ko dakha to butterfly harmonic ki four price movements or price swings hoti ha jo ka XA, AB, BC, or CD ha. Or is ma five points ho ga jo ka X, A, B, C, or D ha. Ya levels madad karay ga traders ko identify karna ka liya jab trend ka reversal ho ga. Jo is ma CD leg or point D ho ga ya confirmation karay ga parameter ki agar is ma price new trend ko phase karay ge. Jasa ka above ma price chart ha jis ma show ho raha ha butterfly harmonic pattern. Is a ova chart usd/jpy ka 15 min ka chart ko to is ma bana ha butterfly bullish reversal pattern jis ma two descending peaks ha or is ma two descending lows ha. Jab is ma price reaches karay gi D ka level ko to or ya 50% Fibonacci level ma jo ge or ya pattern huma da ga ak good buy position ka signal ko. Kuch steps ha jin ko use kar ka identify or trade kar sakta ha butterfly harmonic reversal pattern ko forex trading ma: 1: Sab sa phalay find karay ga is ma chart pattern ko jis ma two descending highs or two ascending lows ho ga ya bullish ma bhi ho sakta ha or bearish pattern ma bhi. 2: Draw karay ga Fibonacci retracement levels ko low or high ma A level ka. 3: Wait karay ga trend ka reversal ka jab jo is ma CD line ho ge ya exceeds karay ge X level ko. 4: Enter karay ga is ma long or short sell ki position ko or set karay ga is ma profit ka target ko B,C levels par ya is sa higher ma. 5: Is ma place karay ga stop loss order ko X level ma or ya slightly above ya below ma ho ge or ya depending kar rahi ho ge trading ki strategy par bullish ya bearish butterfly pattern par. HOW TO TRADE USING BUTTERFLY PATTERN : Jab trade karay ga is butterfly pattern ma to is ma combination karay ga butterfly pattern ko Fibonacci retracement levels ka sath jo is ma ak main trading strategy ho or or ya tool ho ga using karna ka liya is pattern ko. Fibonacci level ko agar use ni karta to is ma identify karna entry level ko bahot hi hard ho ga or ya bahot hi difficult hota ha experience wala traders ka liya bhi. Jasa ka bahot si technical analysis indicators or chart patterns, jo butterfly chart pattern ha ya kam karta ha dono directions ma yani ka bullish or bearish ma. 1: BULLISH BUTTERFLY PATTERN : Jasa ka example above ma chart ha is ma hum dakh sakta ha bullish butterfly pattern ko or ya bana ha usd/jpy ka 15 min ka chart ma. Is ma hum find karay ga entry level ko or is ka liya best way ya ho ga is ma using karay Fibonacci retracement levels ko. Is a ova chart ma hum dakh sakta ha jo CD line ha ya longer ha XA ki line sa or is ma two descending highs ha. Jab is ma price consolidaes ho ge point D ka near ma to is ma bounces back ho ga or bullish ka mini trend banay ga. 2: BEARISH BUTTERFLY PATTERN : Ya bearish butterfly chart pattern ho ga ya same ho ga bullish wala kaagar is ma jo direction ho ge ya opposite ho ge. Jasa ka above ma example ha is ma dakh sakta ha bearish butterfly pattern kasa bana ha end ma bullish ka trend ka. Is ma price retests ho rahi ha B sa or is ma jo point D ka levels ho ga ya confirm karay ga bearish ka trend ko jab ya banay ga. Is ma use karay ga Fibonacci retracement levels ko XA line ma jis ma jo first bearish line ho ge butterfly pattern sa. Jasa ka dakh sakta ha jo D level ha is ma stops jo raha ha 61.8% level par or bana raha ha point ko or is ma clear bearish ka trend reversal ha. ADVANTAGES/DISADVANTAGES OF BUTTERFLY PATTERN : Is butterfly pattern ma jo advantages ha wo ya ka ya ak accurate or reliable chart pattern ha, especially jab is pattern ko combine kiya jata ha Fibonacci retracement levels ka sath or is pattern ko compared kiya jata ha or chart patterns ka sath or ya butterfly pattern huma provides karay ga strong indication ka trend reversal ma. Or is ma advantage ya bhi ha ka is ma jo stop loss order ho ga ya clear ho ka X level ma. Is butterfly pattern ki jo disadvantages ha wo ya ka is pattern ma mistaken ho ge double top or bottom chart patterns ka sath or ya pattern relatively difficult ho ga identify karna. Or is pattern ki disadvantage ya ha ka ya required karay ga knowledge ko or technical analysis tools ka sath jasa ka Fibonacci, moving averages or RSI ka sath.