Trade Ideas Position: AUDUSD Butterfly Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Apr 29, 2020 8:34 AM

A shorting opportunity on a bearish butterfly pattern setup on the HOP level which is also a resistance level on the 4-hourly chart.

I will wait for a retest for a shorting opportunity.

Comments

tkrivickas

⋅ Apr 29, 2020 10:32 AM

what you think about USD rates and FOMC statment today?

RaynLim

⋅ Apr 30, 2020 9:19 AM

@tkrivickas, at this moment I only focus on technicals, too many market noise.