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:

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.

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

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