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Casey_Yeo
Oct 24, 2014 8:21 AM

AUDNZD Short

Australian Dollar/New Zealand DollarFXCM

Description

Just realised there was also a completed bearish cypher pattern after my earlier posting on this pair (see link below).

Few confluence factors:
a) Bearish cypher
b) 2618
c) Re-test of the double pin bars in weekly

Based on the above, this may worth a punt. Limit order, SL and TP in chart.
Comments
Casey_Yeo
UPDATE: stopped out.
YungStevee
I like the pattern but would you really be looking to go short as there is no form of resistance here.
Casey_Yeo
My short order got triggered. Let's wait and see what this market presents. As usual, I'm wrong more often than I'm right.
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