Daily GBPAUD butterfly into supply Short

FX:GBPAUD1D

British Pound/Australian DollarFXCM

Description

⋅ Feb 1, 2020 11:16 AM

Daily GBPAUD butterfly into supply

Harmonic Patterns Supply and Demand

Comments

Saeed966

⋅ Feb 1, 2020 11:39 AM

Good job

Vgirshman

⋅ Feb 1, 2020 7:36 PM

Where you think it’s going up to

dionvuletich

⋅ Feb 7, 2020 1:43 AM

@Vgirshman, I was expecting it to go down, either at the 1.9733 or the 1.9850 level - it has already turned so the test into supply 1.9850 is likely now

There may be a short-medium term buying opportunity to target the 1.9850ish level coming up shortly

Vgirshman

⋅ Feb 7, 2020 1:48 AM

@dionvuletich, 1.928 is resistance. Let’s see

dionvuletich

⋅ Feb 7, 2020 1:57 AM

@Vgirshman, Thanks, I do not trade that short term but if a 4hr + timeframe says buy, then I will likely buy it to test 1.9850

Vgirshman

⋅ Feb 7, 2020 1:58 AM

@dionvuletich, not going up to there again. Only went there cause of all market fuzz, pump dump, and China banks were shut down.

dionvuletich

⋅ Feb 7, 2020 2:07 AM

Ok cheers

Saeed966

⋅ Feb 1, 2020 11:39 AM

Thanks