Bullish Butterfly Pattern — what it is and how to read it
Bullish pattern Classic and harmonic chart patterns
An extension structure whose D point overshoots BELOW the start (X); a reversal is expected in the last leg of a sharp decline.
How to read it
A bullish structure is only a candidate until its trigger (neckline / breakout level) is broken. StockFortuna draws the ▲ marker only on a green candle that closes above the trigger — a description of what the chart did, not a recommendation.
BIST 100 stocks where our scan detected it (last 30 trading days, 19 Oct 2026)
No BIST 100 stock formed this pattern in the last 30 trading days — our scan re-checks it every day.
Try it on a live chart →FAQ
- What is the Bullish Butterfly Pattern?
- An extension structure whose D point overshoots BELOW the start (X); a reversal is expected in the last leg of a sharp decline.
- Is the Bullish Butterfly Pattern bullish or bearish?
- It is a bullish (upside) pattern.
- When is it marked on the chart?
- Only when a green candle closes above the trigger (neckline / breakout level); the ▲ marker describes what the chart did, it is not a recommendation.
- How can I see the Bullish Butterfly Pattern on a live chart?
- Open StockFortuna → Markets → Chart Studio and pick it from the list; the pattern is detected automatically on real data.
Related
- QM (bullish)
- QM (bearish)
- Bullish Gartley
- Bullish AB=CD
- Double Bottom
- Double Top
- Inverse Head and Shoulders (bullish)
- Head and Shoulders (bearish)
- 1-2-3 Reversal
- Cup and Handle
- Bullish Bat
- Bullish Crab
For information and education only — not investment advice.