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AdamHong
Nov 4, 2016 2:21 AM

AUDUSD:Bearish Butterfly Pattern Short

Australian Dollar/U.S. DollarFXCM

Description

The bearish Butterfly pattern is completing at about 0.7695 levels and the D of the AB=CD is also at this zone.
Meanwhile the previous structure works at this area..
So it may be a good opportunity to sell at 0.7690-0.770 levels.
SL:above 0.7780
TP1:0.7663
TP2:0.7643

Comment

TP1 reached.
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