AUDUSD A Butterfly Pattern?

Australian Dollar/U.S. DollarFXCM

Description

⋅ Sep 24, 2016 7:55 AM

Divergence is detected at below as well.
What you guys think?

Comments

mohdfeizal

⋅ Sep 25, 2016 12:58 PM

I agree with janne0536. Using channel most probability bullish resistance toward 0.7655. But nice works

waterman

⋅ Sep 25, 2016 8:58 AM

It is a very good set up for shorting. Thanks

coffeteaorme

⋅ Sep 25, 2016 9:11 AM

Thank you :)

janne0536

⋅ Sep 24, 2016 7:58 AM

hi

i think it will more bounce up cause of the cup with a handle formation.

coffeteaorme

⋅ Sep 24, 2016 8:05 AM