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 .
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out