AUD/USD: Short to complete a posssible bullish butterfly Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Jan 6, 2016 5:45 PM

Short for now, long if the butterfly completes!

We should see at least one decent retracement before the butterfly completes so it's worth looking at smaller timeframes for other setups!

Comment

⋅ Jan 7, 2016 4:47 PM

En route still!

Short has paid out, took partial profits at 0.7000, now trendline re-test and then back down...??