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DennySantoso
Aug 20, 2014 4:56 AM

Bullish Butterfly on NZDUSD Long

New Zealand Dollar/U.S. DollarFXCM

Description

I missed this pattern in my previous Long Idea of this pair. However, it's too late now for reenter the market. It will be safer if we wait until double bottom. On Daily TF, we reach support (previous resistance) zone. Target at 38.2 Retracement of the pattern at around 0.8424.
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