AUDUSD/240 Analysis Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Dec 29, 2015 11:07 PM

Although it's not the best looking butterfly pattern, it highlights the importance of resistance and support whilst respecting fib levels. Feel free to comment as I am always open to critique to improve my chart pattern reading skills.

Trade closed: target reached

⋅ Jan 8, 2016 5:31 PM