AUDJPY Butterfly formation

27 Eki 2016

Spotted Butterfly pattern on the uptrend, price will rally to and test the 38.2% retracement level before finding minor resistance and moving to the 50%. This level has proven to be an area of resistance in the past. Close or keep partial positions open for a potential break in the supply zone.

27 Eki 2016

Not

Respected the 38.2% retracement level.

27 Eki 2016

İşlem elle kapatılmış

Exited the trade.