JesusDiaz
Short

AUDNZD short off of resistance

FX:AUDNZD   Australian Dollar/New Zealand Dollar
197 6 0
**WT +153** Most may not consider this a cypher . however, i categorize this pattern as a cypher . up against previous resistance
dojitrader
2 years ago
I'll bet you were thinking of me, knowing I'd disagree calling this a cypher ---
If it works out you should give it a name and call it a new pattern that you
have discovered.
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JesusDiaz dojitrader
2 years ago
lol no. just using fibs not trying to invent patterns.
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HatZ
2 years ago
you can look at this pattern as a bear shark instead. fits well.
THere is strong confluence at 1.13 retracement. Although it appears to be reversing off the 0.886.

You can also see a bear crab if you take point B as X. It completes a little lower then the 1.13 retracement.
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JesusDiaz HatZ
2 years ago
886 is what i was looking at
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JesusDiaz
2 years ago
Breakeven stop. This trade has taken way too long, has to go to risk-free now.
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JesusDiaz
2 years ago
Finally hit my target +153 pips. 10 day trade
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