Dollar Australia / Dollar AS
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Diupdate

Butterfly Pattern Forming

Bullish Butterfly is nearing D completion. See chart for entry, stops, and targets.
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This trade is inactive. It never reached the 1.27 extension to get filled. If however, we would have taken the .786 retracement for the D completion it would have been filled with targets hit.
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Sorry I wasn't very clear in the previous comment. This was a butterfly pattern so the entry would have been the 1.27 extention. What I meant with the .786 entry option was that there was also a gartley pattern on this pair that was the same other than where X was. With the Gartley X would have been lower than on the butterfly and the entry could have been that .786 or the 1.27 like the butterfly.

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