(2h) Bearish Butterfly Completed at 161% extension // ®

5 Mar 2016

XAUUSD

Support & Resistance levels:

resistanceD1- 1253.08
resistanceH1 - 1279.555
resistanceH4 - 1267.989
resistanceMN1 - 1191.302
resistanceW1 - 1263.13
------------------------------------
supportD1 - 1211.386
supportH1 - 1250.542
supportH4 - 1224.671
supportMN1 - 1046.211
supportW1 - 1046.211


BEARISH BUTTERFLY
Point B:
78.6% XA
Point C:
38.2% AB
88.6% AB
Point D
161% ext BC
261% ext BC
Targets:
TP1 61.8% CD
TP2 127% CD

Safe Trades;
open.spotify.com/track/38oji9ErDcfO39sxV4YLFh