GBPAUD - Potential Bullish Butterfly
The Perfect Butterfly pattern is defined by a B point retracement that an exact 78.6% of the XA
leg to set up the ideal alignment of Fibonacci ratios.
1. Exact 0.786 B point retracement of the XA leg.
2. 1.27 XA projection exclusively.
3. 1.618 BC projection.
4. Alternate 1.27 AB=CD in the PRZ.
5. C point with range between 0.50 to 0.886 retracement.
leg to set up the ideal alignment of Fibonacci ratios.
1. Exact 0.786 B point retracement of the XA leg.
2. 1.27 XA projection exclusively.
3. 1.618 BC projection.
4. Alternate 1.27 AB=CD in the PRZ.
5. C point with range between 0.50 to 0.886 retracement.
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