Mikoxl.
Long

Shortterm butterfly long 4H @ 1.9363 zone

FX:GBPAUD   British Pound / Australian Dollar
Was the pop down enough to shake out the bulls?

Refining the possibilities of different scenario's I've come up with a resistance zone:
- the 0.236 retracement of the midterm bullish trend at 1.9363,
- the 0.382 retracement of the prior bullish AB=CD at 1.9383,
- the 2.0 extension of AB of the bullish butterfly pattern,
- the 2.24 extension of AB of the bullish butterlfy pattern,
- the line up of the base line of the mid of the channel,
- ignored the gartley because of too much risk with lowering the SL below the XA 1.113 extension
I closed half 2/3 of my cypher short positions.
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I closed all butterfly long positions. That's a nice chicken dinner :-)
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Took first profit at 1.9626
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Ready to take money off the table..
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garanet Mikoxl.
:)
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Mikoxl. garanet
yes! and i'm long again :-)
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