Jump to: Pattern Result
Date and Arrival Time: 2021-04-01 06:30
Symbol Name: AUD/USD
Pattern and Direction: Bullish Butterfly
Pattern Completion Price: 0.75315, Pattern Ideal Completion Price: 0.7536
A Completed Bullish Butterfly has arrived at 06:30 UTC.
This is a pattern with a formation span of 5 days.
There is a potential Buy opportunity at 0.75315. A safe stop-loss for this Butterfly can be kept at 0.7501 as per the pattern or 1% below the completion depending on the trader’s risk tolerance. PatternSurfer always advocates tight stop-losses to maintain the best risk-reward ratios .
UPDATE: 5th April – Success!
Take a look at the results of this pattern below