FX:AUDCAD   Australian Dollar/Canadian Dollar
391 8 7
Reversal at downtrend_line.
Bearish Cypher pattern and potential Wolfe Wave 5. Wedge brake_out.
RSI bearish divergence, breaking support.
Hey, bro. I like your idea to short aud cad. But your cypher is a bit invalid. It will be more corresponding to the rules if you change the X and A points like this:

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Alexander_Nikitin Alexander_Nikitin
My limits didn't get filled. Let's see if price goes to retest the level. However, I got another short idea:
If it works, I will delete my cyphers limit orders because CD retracement will possibly reach 61.8.

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rv Alexander_Nikitin
true. wanted to cover the WW. (but the confined fibs are not).
nice one btw. thanks
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Good ;)
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rv IvanLabrie
thanks again. you too bro, nice ones.
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Looks solid!

I'm on a similar boat now, but long euraud and eurnzd, short audjpy and cadjpy (and nzdusd)
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rv IvanLabrie
lets see on this one. thanks. thats cool Ivan.
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It's dropping fast, and it's Asia...
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