multiple patterns audusd long opportunity

FX:AUDUSD   Australian Dollar / U.S. Dollar
A cypher and a butterfly patterns showing nice confluence
This pattern was found by the MPS-v5.5 pattern recognition software:

My YouTube channel:
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?
Alexander_Nikitin FullTimeTrader
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....
Alexander_Nikitin FullTimeTrader
think your completion point D is beyond 1.272XA. It looks like 1.414XA... I believe the support line is also a little higher.))
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