TradingView
dionvuletich
Jul 3, 2015 9:29 AM

GBPAUD 3 drives/ butterfly pattern Short

British Pound/Australian DollarFXCM

Description

As per last post/ monthly chart cluster + longer time frame butterfly level

4hr chart showing signs of 3 drives + shorter term butterfly level
Need somewhere to hang a stop loss, so I am going to wait for a price action clue - hopefully a small clue!!
Comments
dionvuletich
Got the price action confirmation I was looking for, pin bar rejecting the 2.09 handle on the daily chart will be entering short on break of daily low

This is likely to head much lower in the coming weeks
More