RaynLim

AUDUSD - Bullish Butterfly Pattern

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
A potential Bullish Butterfly Pattern might just catch the falling knife. I'll be waiting for the candlestick touch the furthest line of the rectangle at Point D and show me a confirmation sign to engage the trade.

Retest on Point D will not be the requirement for this trade.

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