AUDCAD - Bullish Butterfly

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I can imagine that AUDCAD can be pretty volatile at the entry-level we are looking at. For this setup to be valid, the earliest for this to form is on Tues, 8Dec2020 6 am (+8GMT), anything earlier than that I'm going to scrap the trade. A retracement back to 0.9525 before the formation of the bullish butterfly pattern would be ideal for traders to head in for a shorting opportunity for trend traders.

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