Daily Feed: 31st March 2021 – Butterfly – BRENTOIL

Jump to: Pattern Result

Date and Arrival Time: 2021-03-31 18:45

Symbol Name:  BRENTOIL

Pattern and Direction: Bullish Butterfly

Pattern Completion Price: 63.017, Pattern Ideal Completion Price: 62.9052

A Completed Bullish Butterfly has arrived at 18:45 UTC.

There is a potential Buy opportunity at 63.017. A safe stop-loss for this Butterfly can be kept at 62.09 as per the pattern or 1% below the completion depending on the trader’s risk tolerance. PatternSurfer always advocates tight stop-losses to maintain the best risk-reward ratios .


UPDATE: 5th April- Success!

Take a look at the results of this pattern below

PatternSurfer