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Hey ziko and kamyar,
come down! This thread is too exciting to argue about some minor detail.
AC = (high(b)-low(c))/(high(b)-low(a))
= (118.57-118.22)/(118.57-118.25) = 1.093 not 0.764
the AC line on you chart is connecting A to a point slightly higher than CHi Ziko,
In my chart, low(c) is 118.30. it's higher than low(a). So I agree with Kamyar that it's a valid pattern. Correct me if I'm wrong.
NT
Hey ziko and kamyar, come down! This thread is too exciting to argue about some minor detail.
I'm not arguing, I'm very thankfull to Kamyar for this great thread, may the best on this forum, I'm just starting learning these patterns and want to know from the expert if we should follow the pattern rules strictly or we should have some tolernace and how we define this tolerance,
the 30M USDJPY chart was an example of not following the rules strictly
guys, do you think we have a valid bearish butterfly on cable 30m/1H?
guys, do you think we have a valid bearish butterfly on cable 30m/1H?
yes.but it is going to be failed.we should wait..................
AC = (high(b)-low(c))/(high(b)-low(a))
= (118.57-118.22)/(118.57-118.25) = 1.093 not 0.764
the AC line on you chart is connecting A to a point slightly higher than Calso take a look at the attached pic.
kamyar,
got you, I think it is a plotform data problem,
on alpari I got a low of 118.22
Is going to fail?
Kaymar,
How do you know the cable butterfly is going to fail? Please let me know so that I can find failing patterns in the future. Thank
Huhenyo
bearish bat on AUDUSD, 1H
kamyar,
got you, I think it is a plotform data problem,
on alpari I got a low of 118.22It's just a data feed problem from Alpari. I also feel strange when I see a down spike in usd/jpy.