dojitrader

Butterfly Meets 1.618 Fib Extension

Long
FX:EURAUD   Euro / Australian Dollar
4
Rather classic/text book Butterfly that combines with the
1.618 fib ext of A to B and a small shelf of support.
Smart stops are much too large for my psychology at 100+ pips
so I'll be hoping the candlesticks fine tune the entry and stops
in the 1.5400/40 area.
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