Bracketing the EURAUD with a buy and sell setup.
Trade Setups:
A.) BO (above) - BUY
TP 1 - 1.4208 (Cypher completion)
TP 2 - 1.4231 (Butterfly completion)
B.) Cypher - SELL @ 1.4208
TP 1 - 1.4163
TP 2 - 1.4135
C.) Butterfly - SELL @ 1.4231
TP 1 - 1.4177
TP 2 - 1.4143
D. ) Gartley - BUY @ 1.4104
TP 1 - 1.4136
TP 2 - 1.4156
extended TP - Cypher/Butterfly Completion
SL are all beyond the X point. For the bear butterfly above 161.80% of its XA extension.
A.) BO (above) - BUY
TP 1 - 1.4208 (Cypher completion)
TP 2 - 1.4231 (Butterfly completion)
B.) Cypher - SELL @ 1.4208
TP 1 - 1.4163
TP 2 - 1.4135
C.) Butterfly - SELL @ 1.4231
TP 1 - 1.4177
TP 2 - 1.4143
D. ) Gartley - BUY @ 1.4104
TP 1 - 1.4136
TP 2 - 1.4156
extended TP - Cypher/Butterfly Completion
SL are all beyond the X point. For the bear butterfly above 161.80% of its XA extension.
Comentário:
TP on the Trade Setup A. Now Trade Setup B is completed. And Trade Setup C is soon to be completed.
Comentário:
The Trade Setup D is already invalid.