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We have a Completed Bullish Butterly Harmonic Pattern in AUDUSD.
Since late Jan 2018, AUDUSD has been on a steep decline.
Now the bottom is finally here…perhaps. We are still not certain but there’s
good signs of reversal.
Remember… this is on a WEEKLY chart. So be prepare to be in position for
some time if you decide to take on this trade.
Enter into position at D (or as close as possible to it).
You can choose to either enter now at market order or use a limit order to enter.
We target to exit with a Take Profit Target at the next support/resistance level.
Good luck with the trade.
- Entry Price: 0.73300 (or as close to it as possible)
- Stop Loss: 0.71100
- Take Profit Target: 0.74900
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