TheForexSamurai

Pattern Based Trading - FOMC and FED news.

Short
FX:AUDUSD   Australian Dollar / U.S. Dollar
6
Hi short opportunity here, as we have a potential bearish butterfly pattern completion already and price did react on the 127.20% fibo level.

Could enter on a retracement on the lower TF as ill be expecting market to hit target 1 the very least. Please trade with care and wisely. Remember Sell at high price, and buy at low price for greater reward prior from the risk:reward ratio.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.