NZDUSD: Butterfly Pattern as Rebound Setup

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Reason to entry:
-Butterfly pattern
-strong support at 1618 completion (also as descending triangle support trendline )
-previous structure have strong rejection at completion point
-always wait for RSI confirmation

1272 butterfly completion.. or
1618 butterfly completion

-382 retracement
-618 retracement

Void if:
-failed pattern or premature reversal
-if price breakdown the descending triangle support, reverse position as continuation

Remember that market always right!
Manage your trade well!
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