thor_plantotrade
Short

AUDUSD 60M: Cypher Pattern Setup at Minor Resistance Level

FX:AUDUSD   Australian Dollar/U.S. Dollar
Learn to trade Harmonic Patterns at www.plantotrade.com

Trade Management

Pattern: Cypher

Symbol: AUDUSD            

Date: Tuesday, 17th of November 2015

Timeframe: 60M

Entry-Point: 0.7140 (Limit Order)

Stoploss: 0.7162

Take-Profit 1: 0.7114

Take-Profit 2: 0.7098

Description: The AUDUSD             Trading Idea is a high probability trading setup, because of the minor resistance level that forms right at the 0.7140 entry level of the cypher pattern . Target 1 will be at the .382 and Target 2 at the 0.618 fibonacci retracement of the CD leg.

Important: If price violates the 0.7072 level, the trade will be invalid.

Learn to trade Harmonic Patterns at www.plantotrade.com
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out