Bullish Butterfly, lower time frame

I don't often go to the 1hr time frame, but I'm hunting around for a better long entry on a retracement. This is just something to keep on the radar for the time being. A move above 'C' will invalidate this pattern, and really both 'C' and 'B' are ever so slightly not "perfect" (see below). On the whole this looks to be a well formed pattern. This would be a long trade/buy opportunity, which would only be taken at the 'D' completion point... if price gets there.

The butterfly contains an ABCD pattern preceded by a significant low (X) or high. This pattern is found only at significant market tops or bottoms.
Requirements:

'B' point should be a .786 retracement of the XA leg
'C' point should be either .382 or .886 retracement of AB
Swing from A to D should be a 1.272 or 1.618 extension of XA
'D' Must be below 'X'
A valid ABCD must be observed in the extension move (AD)
*Ideally*, the two triangles will be nearly equal in time, XAB and BCD. Otherwise, look for BCD to complete between 1.272 and 1.618.
A move beyond 1.618 renders the pattern invalid and suggests a strong trend continuation in progress.