Tuesday, 28 February 2012

Bearish butterfly NZDUSD

Hi boys and girls,

I hope you're doing good. I'm not changing my charts again, just simplifying things. I'm looking at key levels on daily and weekly charts that when touched could be important.

There's NZD/USD where I've marked most recent levels that have been hit multiple times. I'm not much into harmonics, but I've noticed this bearish butterfly, with fibb analysis it should be textbook example, correct me if I'm wrong.

Trade well and stay healthy

best regards,



  1. Hi Ivan,

    I think you're into something here combining multiple time frame S/R analysis with Harmonics. Start gathering actual trade samples.

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