UnknownUnicorn3197506

GBPAUD Butterfly 60min

Short
FX:GBPAUD   British Pound / Australian Dollar
Butterfly completion at structure with equal measurement move.
I don't personally trade this, just practicing making analysis. Whats your option about this analysis?
Comment:
As a stoploss I would use 1 ATR above the XA-leg high and for target I would use AD-leg 38.2 fib retracement
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.