Bullish Butterfly and Trendline Confluence @ EUR/AUD Long

Euro Fx/Australian DollarFXCM

Description

⋅ Oct 8, 2015 9:12 PM

A beautiful butterfly pattern (perfect 0.786) is about to complete. The 1.272 XA extension is on a level a trendline from April 29.

Looking for an entry around ~1.5434 and 2 TPs at the 0.236 and 0.382 Fib retracement.