Get started
simontien

Butterfly completion as target

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
simontien  
FX:AUDUSD   Australian Dollar / U.S. Dollar
Butterfly Trend Lines consolidating AUDUSD break support downtrend completion
0
0
butterflypattern trendline consolidating audusd break support downtrend completion
Well established downtrend is now consolidating.

I'm going to wait for a possible support trendline breaking to get involved short.

As target I'ill pick bullish butterfly completion point (confluence with a significant static support level)
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.