multiple patterns audusd long opportunity

FX:AUDUSD   Australian Dollar / U.S. Dollar
A cypher and a butterfly patterns showing nice confluence
Thanks for this post, Alex. What are your TP and SL levels for these patterns, or what are the rules to determine them? Thanks.
Hello, nice cypher, its on my watchlist also, but the butterfly is not clear ..........what are you rules for a butterfly?
B: min - touches 78.6%XA, max - one pip away from 100%XA. It must not close past 88.6%XA.
C: min - touches 38.2%AB, max - one pip away from 100%AB.
D: 127.2%XA.
limit order @ D. stops +/- 10 pips 161.8%XA. Target #1 - 38.2%AD (when reached - stops move to breakeven), target#2 - 61.8%AD.
FullTimeTrader Alexander_Nikitin
Your rules are clear (same as mine).. I draw a chart following them, looks differente but there is a confluence with support. It could help....
think your completion point D is beyond 1.272XA. It looks like 1.414XA... I believe the support line is also a little higher.))
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out