ScottCarney
Long

AUDUSD Bullish Butterfly

FX:AUDUSD   Australian Dollar / U.S. Dollar
All about the AB=CD off the top within the longer-term uptrend. Ck Daily - turning up! Harmonic support @ 0.7650
Comment: Correction: Support @ 0.7350 not 0.7650
Hi Mr Scott, are you in this trade setup currently? If you are, are you expecting it to go up to 75.40?
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SkyrEk SkyrEk
Invalidated now i guess?
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is this set up still valid now?
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ScottCarney pipstrading
yes
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pipstrading ScottCarney
thanks, Mr Scott. but it has dropped more than 1.272 of XA, close to 1.5+ already. I remember that you mentioned in your book 1.272 is the max limit for butterfly if i do not read it wrongly?
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ScottCarney pipstrading
127 MINIMUM requirement = also, TERMINAL BAR (TBAR) on this pinpointed the area @ or just below 73.50! This is good for a minimum move to 75.40 then we see if it really has legs!
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pipstrading ScottCarney
ok. Thanks Mr Scott
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