Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
BUTTERFLY AND BAT PATTERN ON AUDUSD
Australian Dollar / U.S. Dollar
Short
BUTTERFLY AND BAT PATTERN ON AUDUSD
By Josphat89
Follow
Follow
Oct 16, 2015
4
Oct 16, 2015
AUDUSD recent;y reacted to a gartley pattern and retraced to 0.382 of the CD leg (Gartley).
Currently the pair is on its way to forming a butterfly bullish which converges with the 0.618 retracement of CD leg from the gartley.
A small bullish bat pattern is also forming completes right at trend line support.
I prefer to sell.
Josphat89
Follow
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.