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lukasugrehelis
Nov 22, 2016 7:41 AM

AUD/USD double bottom + bullish modified Cypher Long

Australian Dollar/U.S. DollarFXCM

Description

D1- 50% retracement + market oversold (RSI) + previous structure
H4 - double bottom + higher high, higher close + potential modified bullish cypher

Entry - potential cypher D leg + previous minor structure
Stops - good (1.13 + structure)
Profit - good (61.8 + 1.618 + structure)

Order cancelled

Price reached 1.414 Fibonacci level therefore violating my rules
Will be looking for another opportunity to possibly go long
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