AUDUSD - Bearish Butterfly - Harmonic Pattern
Bearish Butterfly on
AUDUSD
1H chart.
High risk traders can enter now.
A more conservative approach would be to wait for a reversal candle.
Supporting Parameters:
Resistance trend line reached.
MACD Divergence on 4H chart.
Stop Loss at 1.618 XA
Take Profit at 38.2 & 61.8 AD.
Happy Trading!
Comment your thoughts and ideas.
Contrarians are always welcome:)
AUDUSD
1H chart. High risk traders can enter now.
A more conservative approach would be to wait for a reversal candle.
Supporting Parameters:
Resistance trend line reached.
MACD Divergence on 4H chart.
Stop Loss at 1.618 XA
Take Profit at 38.2 & 61.8 AD.
Happy Trading!
Comment your thoughts and ideas.
Contrarians are always welcome:)
Stop Loss at 1.411 XA