How do you figure this to be a butterfly? The XA leg did not retrace to the .786. only the .50. Isn't this a crab?
Alexander_Nikitin
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No, crab's B should hit .618. It's defenitely not a butterfly either)
riskmode
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I thought the crab B could be anywhere between .382 and .618?
Alexander_Nikitin
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It's crab's C. It must not touch .0618. If it touches or goes past .618 then it is Gartley)
JazzForex
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I know a version of the Butterfly as described by Scott Carney. It has a mandatory 786 retracement of the anker leg as the defining element. Maybe Apple knows and trades a different version?