UNIUSDTPER
The butterfly pattern is one of the recursive patterns that is classified in the category of harmonic patterns . This pattern shows the price density and is usually seen at the end of an extended price movement. Traders can use the license pattern to mark the end of a trend and start a price correction or start a new trend. In the Elliott wave count, this pattern is usually seen in the last wave (wave 5) of the motivational waves.

