RedStaR

AUD/USD Harmonic long and short positions

FX:AUDUSD   澳元/美元
4
AUD/USD is now on it's course for a bullish cypher pattern, once that pattern completes, it will in a PRZ to go long for a potentially large bearish butterfly pattern, which should find resistance at 0.94450. At which point it would a good price to short for another couple of hundred pips or so.

Edit: Small error in the chart, point B of the butterfly should be confluent with point C of the cypher, leaving it at a fib level of 78.6
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