- **Bearish Butterfly Pattern**: - A technical analysis pattern seen in financial markets. - Signals a potential reversal from an uptrend to a downtrend.
- **Structure**: - Consists of four price swings: XA, AB, BC, and CD. - Resembles the shape of a butterfly.
- **Key Characteristics**: - AB leg retraces a portion of XA. - BC leg extends beyond XA. - CD leg retraces a portion of BC.
- **Trading Strategy**: - Consider short positions after the completion of the pattern. - Set stop loss above the pattern's high. - Set profit targets at key support levels or Fibonacci extensions.
- **Caution**: - Analyze other indicators and market context. - Implement risk management strategies.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.