dojitrader
Short

Wait For Cypher OR Is Aussie Saying take the Bat ???

FX:EURAUD   Euro Fx/Australian Dollar
185 1 3
First saw tan Aussie Butterfly from - Trading_Accuracy, but,
thought the pull of the opening gap would be to much.
EurAud             strength has me thinking it makes some sense in the
associated correlation building.
Bat is at the 1.618 so there should be, at least, a small reaction.
If it blasts on through the Bat the Cypher is at much stronger
looking resistance. So, even though this is:
(not my favorite Cypher with the depth of A to B and B to C)
Resistance and the candlesticks win out for a return trip
to fill the pull of the Gap.
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