Fardan

AUDUSD/240 Analysis

Short
Fardan Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
1
Although it's not the best looking butterfly pattern, it highlights the importance of resistance and support whilst respecting fib levels. Feel free to comment as I am always open to critique to improve my chart pattern reading skills.
Trade closed: target reached

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.