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mamed1

Potential butterfly

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澳元/日圓 (FX:AUDJPY)  
mamed1  
FX:AUDJPY   澳元/日圓
Harmonic Patterns Technical Indicators
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harmonicpatterns indicator
The pair maybe forming a butterfly pattern with ideal ratios,targeting 88.900 (127 from XA and 178 from BC) also ,the daily MACD is giving a positive divergence ,we'll wait to see a clear penetration of point B to confirm the scenario .
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