GBPAUD butterfly in a butterfly... Short

British Pound/Australian DollarFXCM

Description

⋅ Jul 3, 2015 9:14 AM

Bigger picture butterfly... see the lower time frame for shorter term butterfly

This coincides with a larger monthly fib cluster level (see earlier post here tradingview.com/chart/GBPAUD/iE2XU2yo-GBPAUD-Monthly-Key-Levels/)

Saying that monthly levels are a little spongey and I do not trade butterflies without a small candlestick confirmation so am looking for clues to short!