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WilliamSurya
Mar 30, 2017 2:06 AM

AUDUSD: Butterfly Pattern Setup Short

Australian Dollar/U.S. DollarFXCM

Description

Reason to entry:
-Butterfly pattern (as consolidation)
-Oversold RSI
-Strong structure at ~1618
-Fib Confluence (2) at 2 entries
-wait for candle confirmation

Entry:
1272 butterfly or
1618 butterfly or
at resistant area

Exit:
38.2retracement
61.8retracement

Void if:
Failed pattern

Remember that market always right!
Manage your trade well!
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