AUDUSD Weekly Bullish Butterfly Harmonic Pattern – 18th Nov 2018

AUDUSD Weekly Bullish Butterfly Harmonic Pattern - 18th Nov 2018

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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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Tags

advanced forex strategies, AUDUSD Weekly Bullish Butterfly Harmonic Pattern, forex trading strategies, price action analysis


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