daletrades

AUDUSD SHORT - BEARISH BUTTERFLY 4HR

FX:AUDUSD   Australian Dollar / U.S. Dollar
Here is my first analysis post on Trading View.

Harmonic Pattern shown is a completed bearish butterfly
Trendlines are valid are show a created channel.
Around (D) Point was my PRZ (Price Reversal Zone) as the entry shows.

TP 1 is at .382 Fib level
TP 2 is at .618 Fib level

Once price hits TP 1 bring down Stop Loss into profit to secure the trade doesn't lose us any capital.
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