The perfect butterfly is defined by the .786 retracement of move A B with respect to move X A.
B C is .886 of move AB
C D is 1.27 extension of XA although a 1.618 extension of XA is possible and would take to previous high structure.
Some good potential pips to be gained here
Good luck and please, if you agree hit that agree button to let me know
B C is .886 of move AB
C D is 1.27 extension of XA although a 1.618 extension of XA is possible and would take to previous high structure.
Some good potential pips to be gained here
Good luck and please, if you agree hit that agree button to let me know
