Cypher on the AUDUSD

FX:AUDUSD   Australian Dollar / U.S. Dollar
I am short the AUDUSD             now following the completion of the bearish cypher in green. Now that the second bullish cypher in red has formed ive decided to take half the position off at the .382 retrace of the bearish cypher and ride the rest out to see if it will hit the completion of the bullish cypher and give me an opportunity to reverse my position and get long on the D-leg completion of the bullish cypher . Entry on the D-leg with stops below the X-leg and my targets are as written below.

Thanks for viewing my idea. If you have any questions or constructive criticism about this idea then please leave them in the comment section below.

Good luck with all of your trades!!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out