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seigneurTrade
Mar 22, 2018 3:32 PM

GBP/CAD Butterfly and Bat, AB=CD Long

British Pound/Canadian DollarFXCM

Description

There is also Triangle but I dont think that is gonna work.

Butterfly also has AB=CD. Some people say Gartleys C leg needs to reach atleast .618 some people say it is okay to reach .382, so if you listen .382 supporters there is also Gartley Pattern where we pinned Butterflys D leg. Last words the say RSI is probably going to Over-Sold when price reachs the D leg.

Butterfly has 1.8 RR
Bat has 2.24 RR

Comment

I don't think Patterns going to work but AB=CD can work. Don't take these patterns.
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