HIGHLY Speculative Bearish Butterfly on the Weekly

This is the first time you will ever see me giving speculation on the market, but this is a very speculative Bearish Butterfly in development on the Weekly Time Frame. First we'd need confirmation of the potential Descending triangle. But how I came up with these targets and patterns is using the same math and patterns that have developed in the 2017 bull run and the current one. But a reoccurring phase or (Shortcut to the Market Cycle) in variables would be in this order, A) Parabolic, B) Blow Off Double Top, C) Descending Triangle, D) Capitulation and then repeat! I worked really hard on this and it's just an extremely speculative idea for now. But how badass would it be if that played out. A Bearish Butterfly on the weekly time scale lol

Kommentera:

Also extremely ballsy to post this without hitting Wave C lol! But How badass would this be if it played out

Order avbruten:

It could play out I guess, but after going over this, this is the complete wrong pattern. It technically would have been the bearish Gartley pattern which is completely different now that I think about it. Oh well, both are speculation and probably won't play out