FeelsFX
Short

Euro/usd butterfly

FX:EURUSD   Euro Fx/U.S. Dollar
A casual bat which might be triggered by today's news around Draghi and the FED
I'm looking at cypher which could be triggered at around 1.14 level which is your trendline. But it might be very busy today so I agree with your bat pattern as well.
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FeelsFX MinervaFX
where yo cypther at
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snapshot
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FeelsFX MinervaFX
nice i didnt see it quite well
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MinervaFX FeelsFX
but it is not 100% cypher as the B-C leg should be at least 113.1% and it is just between 113 and 100. That's why I'm cautious and I might short it later with a small position.
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Just asking, no critics .. but isn't that BC retracement a little deep for a butterfly ? What criteria do you use for this ?
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FeelsFX Nico.Muselle
786 retracement as it was mentioned by Carney in the book
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FeelsFX FeelsFX
strict 1.272 and .786 retracements for the butterfly
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You're absolutely right .. have to refresh my butterfly knowledge, haven't been trading it lately :)
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FeelsFX Nico.Muselle
i triple check the levels before i confirm it :D
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Excellent, better check too much than too little ! Keep up the good job ! :)
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