Currency pair: AUD/USD
Timeframe: H4
Chart pattern: Bearish Butterfly
Potential Reversal Zone:
1.272 XAD – 0.76179
1.618 BCD – 0.76074
1.272 ABCD – 0.76112
Take profit:
0.382 ABCD – 0.75073 (110 pips from completion point of the pattern)
0.618 ABCD – 0.74391 (178 pips from completion point of the pattern)
Best trades!