TradingView
Zeheart
Mar 12, 2013 4:06 PM

Possible FORMING of Bearish Butterfly Pattern Long

Australian Dollar/U.S. DollarFXCM

Description

Price has close above the center point of the Pattern.. So very likely, the chance of completion of the pattern will be quite high.. looking at the chart itself... The upper Blue box is having strong Fibo Confluence.. so price may hit there and make a pullback prior to the next move up..

Stay tune for this.. it could be a possible trade very soon =) Cheers!!!
More