UPDATE: AUDUSD: Daily Chart Bearish Butterfly and Bat **INVALID*
UPDATE: With the breaking and closing below of the X point in both these patterns, they are both now INVALID and should not be considered for trading. Best to wait and see what develops from here.
I published this chart on another posting on this pair (see Related Ideas: AUDUSD: Dueling Cyphers and All That Jazz! Top-down analysis....). You can go to that chart to read my in-depth analysis on this pair. I am publishing this DAILY Chart for everyone's ease of reference if you are following my trading ideas.
Keep in mind that this is DAILY chart so these patterns may take a while to complete...IF they do. A LOT can happen to change things!
This is just my analysis and what I am expecting to happen. Feel free to use my analysis BUT plan your own trades according to your own trading plan.
I published this chart on another posting on this pair (see Related Ideas: AUDUSD: Dueling Cyphers and All That Jazz! Top-down analysis....). You can go to that chart to read my in-depth analysis on this pair. I am publishing this DAILY Chart for everyone's ease of reference if you are following my trading ideas.
Keep in mind that this is DAILY chart so these patterns may take a while to complete...IF they do. A LOT can happen to change things!
This is just my analysis and what I am expecting to happen. Feel free to use my analysis BUT plan your own trades according to your own trading plan.
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Mailing list: bit.ly/2iNieEY
Facebook Group: facebook.com/efxselect
Twitter: @andrewefxselect
Website: efxselect.com
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