Long EURAUD: Butterfly Complete at Trendline Support

9 thg 10, 2015

EURAUD has entered the PRZ of a bullish butterfly pattern. A strong trendline will provide support at the entry. A missed pivot cluster lies above price around .618CD which provides a target with a large R/R. SL is placed below S/R.

Confluence in the PRZ:

• Bullish butterfly pattern completion
  
• Long term trendline support
  
• 1.27AB=CD
  
• 1.618BC projection
  
• Missed pivots cluster above price
  

Trendline Support:


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24 thg 10, 2015

Đóng lệnh: dừng lỗ

SL Reached: -94 Pips