TradingView
cipsor
Dec 7, 2016 9:53 PM

NZD USD Butterfly Short

New Zealand Dollar/U.S. DollarFXCM

Description

Butterfly to be with tight PRZ
Upper rectangle is 127 XA, lower is 1,618 BC
TP at the Lowest Low (partial at 38,2 CD leg)
SL 072330

Trade active

Reversed nicely. Now is heading down. If you are in this, do not open AUD USD as well. But look for clues regarding a change in trade direction. There is s strong correlation between this 2 pairs.
More