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Currency Strenght

Monday 15 November 2010

Bullish 4rh Butterfly AUDUSD



Watching this Bullish  4hr Butterfly on AUSUSD with a possable elwave count  123... 4th wave up
mirroring a ABC= D Buy at 0.9830
113% ABC expansion from the high A=1.02 to B= 0.9978  C- 1.005 procetion D to 0.9830 0
.618% retracement from the pervious wing low 0.9800 to high of 1.01811
now looking for news events to support our long bias 
Price are presemt @ 0.9856

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