Catching a trend reversal

FX:EURAUD   Euro / Australian Dollar
In this week's Weekly Markets Analysis I wrote a special article about catching shift in trend.

In this $EURAUD example we can clearly see the stages from the initial RSI signal to through the different patterns till the actual confirmation that there's a new trend.

Notice how the Butterfly pattern was the top of the trend, creating an impressive False Break that cleaned out all the weak bears before actually changing direction.

Nice chart.
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