but, if this is a perfect butterfly
should not Pt D be at the 1.272 of A to X which is the "norm
or standard" for butterflies ?
This would also place the bottom closer to the blue descending trend line
and the 1.618 fib ext of A to B thus a butterfly with the best harmonics/symmetry.
Thanks for your thoughts !!!!!!
requires precise placement of various points and details.
Also the desire for the least possible risk to know if my ideas are wrong.
So, for me, a quick calculation shows about a 30 pip difference which in my
trading is unnecessary risk. Thus, for me as a musician, to agree there is little difference is like
saying there is little difference between an A and an A flat.
Hoping you find great success !!!!!!