chrystael
Short

BEAR BUTTERFLY ON AUDUSD

FX:AUDUSD   Australian Dollar/U.S. Dollar
65 3 1
nice set up at regions of good likely resistances
also linning up well with a 2 drives pattern extension and
butterfly setting up so nicely with 1.272 and 1.618 and 200 setting up go great the way i trade my buttefly

so should market be able to get to that point, then i expect a sell

good entry

good RR

good luck
riskmode
2 years ago
How did you decide to put your stop loss where you did on this butterfly?
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riskmode
2 years ago
Does this still count as a butterfly with the way it ended up going sideways before heading up?
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chrystael riskmode
2 years ago
in my own case, it retraced back at the completion of the 2DP. so i left the trade. deleted my order.

however, it could still be a good level whereby whenever market comes there, it must respect it, that is why you are seeing those things in the future happening there.

please be current in time ok.

thanks man for stopping by
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