Bearish Butterfly on $AUDUSD H1 Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Feb 9, 2022 4:41 PM

Aussie is approaching a supply zone on H1. The pair formed a bearish harmonic pattern and the ADR is at 0.72022, the weekly range comes in at 0.72149. I like to see it entering the zone, moving down first and selling on a retest.

Harmonic Patterns Chart Patterns

Comments

Teuwie1

⋅ Feb 11, 2022 7:04 PM

Target reached