Trading_Jazz
Long

One thousand dollars Butterfly // Eventual Cypher // IF=THEN ®

FX:XAUUSD   Gold Spot / U.S. Dollar
FX:XAUUSD

AB=CD completed...

With eyes fixed on the butterfly targeting the 1000$, without losing sight of the eventual cypher or a reverse on price If it break the daily and weekly resistance;

Sell the Cypger @D
Buy the Butterfly @D

CYPHER:
Point B:
38.2% to 61.8% XA
Point C:
127% to 141% ext XA
Point D:
78.6% XC
Target:
TP1 38.2% CD
TP2 61.8% CD

BUTTERFLY
Point B:
78.6% XA
Point C:
38.2% AB
88.6% AB*
Point D
161% ext BC
261% ext BC*
Targets:
TP1 61.8% CD
TP2 127% CD

Check ratios: (also previous published idea - link below)
- link below

Safe Trades;
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