Butterfly Retracement To Test Dbl Bttm Neckline ???

FX:AUDNZD   Australian Dollar / New Zealand Dollar
73 6 1
Sold short @ 1.0975 for a low risk shot at
corrective retracement.
The daily chart shows a possible retrace
to the neckline so I'm not too certain of full
profit projections for the Butterfly .
Strong RSI divergence was the enticement to enter.
The better trade is probably the double bottom when
it tests the neckline, although, the stops are much to
large for my comfort zone. I'll fine tune that possibility
if/when it presents itself.
AUD GDP q/q coming out in about 1 hr it make help you setup
dojitrader Andrek1876
Uh Oh ! Hope the whip lash doesn't get me first ~~~~~~~
Andrek1876 dojitrader
lol..hope so too i was looking for a long on AUDUSD 4hr since that pin bar but am sideline because of that news coming up
Andrek1876 Andrek1876
the news took it up just as i wanted for my audusd
dojitrader Andrek1876
Looks like for me this is what you call one of those
Ouch ! and out trades ~~~~~~
Andrek1876 dojitrader
lol it happens to all of us..i kinda figure the news would be good but i just sideline even thu i got a pin bar for a buy on the AU
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