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FIBSII
Oct 18, 2016 7:37 AM

At Market Cypher Short! Short

Australian Dollar/U.S. DollarFXCM

Description

Hey guys,

Just found an at market Cypher pattern on AUDUSD 4H following our loss on this pair last week. I actually missed the conventional .786 entry however the pattern is still valid as X @ 0.7680's hasn't been broke. This is actually giving us a much better Risk Reward, especially for a Cypher pattern. Note - if X had been broken this would be an invalid trade and I wouldn't enter it - unless of course I was already in.

Will be looking for a press lower in this - trading fibonacci targets. Keep an eye out!

Fibsii Team.
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