Gav's trading blog - Perseverance, Consistency, Confidence
$AUDUSD: The butterfly within ABCD
by Gav
For some unknown reasons, I can't tweet the chart I posted in Chart.ly. Anyway, here is the $AUDUSD chart I was talking about. A bearish butterfly formed within the bigger ABCD swing.
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John Adams — Trackback
$AUDUSD: The butterfly within ABCD:
For some unknown reasons, I cant tweet the chart I posted in Chart.ly... http://bit.ly/bP56V1
Gav (Trader Gav) — Trackback
@andrewunknown Weird, posted the chart on chart.ly but failed to tweet. Anyway, here is the chart. http://ow.ly/2BGKo
Andrewunknown
Hey Gav,
Looks like we hit D at ~.9350. Was in and out of AUD/USD on the move up, but looking back came out with roughly as many pips as I would've if I'd simply held throughout. Hopefully you caught the majority of the CD leg. Now it'll be interesting to see where the pair moves from here given that We've reached a significant fork in the road. No coincidence this target is at the massive wall of supply around .9350-.94
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