Harmonic Butterfly Pattern Entry Timing

Hello!

This is Satomi, researching FX.


Today, in response to a question from a customer, we will deliver the “Entry Timing for the Harmonic Butterfly Pattern.”

The figure below is the Butterfly pattern on the USDJPY 1-hour chart explained in the video, along with the 15-period EMA on the weekly chart and the 15-period EMA on the daily chart.

http://livedoor.blogimg.jp/fxmt4indicator/imgs/6/1/61b85891.gif

The figure below is the Butterfly pattern on the EURUSD 1-hour chart explained in the video, along with the 15-period EMA on the weekly chart and the 15-period EMA on the daily chart.



http://livedoor.blogimg.jp/fxmt4indicator/imgs/f/d/fd3256cb.gif


The content of the question is as follows.

“I’m interested in harmonics, so I would like to ask a question.

For the Bullish Butterfly Pattern,

from a Dow Theory perspective,

since the previous low X has been updated by low D,

I would hesitate to enter long from here...

Also, the Bearish Butterfly Pattern is the same,

Should I ignore Dow Theory and simply enter according to the signals…

I would like to hear your views on this.”




As for my personal view, I explain it in the following video.



https://youtu.be/CANjLTgA-nE

The indicators used today are as follows.

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MT4 Harmonic Search Indicator - 4 Main Patterns

http://fxmt4indicator.abproducts.biz/wp/?page_id=1636

High accuracy for Bull when lows are rising, and for Bear when highs are falling!

Main four patterns Bat, Butterfly, Gartley, Crab

Signals arrows and alerts via email as well!

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