TradingView
MRamos
Nov 4, 2015 11:22 AM

4H Cypher Short

Australian Dollar/New Zealand DollarFXCM

Description

Hello,

We have a Possible Cypher pattern here. The over all trend is still down.
The Blue line is my Daily re-test line where I am looking to sell. The RSI is way over bought.
The X point is coming out of a small Consolidation area, and hitting all ratios.
A RR of 2:1. Good opportunity to sell 235 pips.

Good luck, and follow your rules.
More