FxLowe
Long

AUDUSD Bullish Butterfly forming

FX:AUDUSD   Australian Dollar/U.S. Dollar
AUDUSD             has been very harmonic lately. Latest pattern on my radar is a bullish butterfly that's already completed it's C leg. I believe this is a butterfly formation instead of a Deep Crab as XB does not reach 0.886, while the candle body closes above the 0.786.

Whether you choose to scalp it down to D, or just wait and hit it upon pattern completion, that's up to you. Good luck and stay safe.

PS - D point also happens to land perfectly on the 0.618 retracement of the CD leg of the prior gartley .
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out