glennmercer
Short

AUDUSD Short: Cypher Inside of Channel

FX:AUDUSD   Australian Dollar/U.S. Dollar
AUDUSD             is nearing the completion of a bearish cypher pattern on the 1HR chart. The PRZ may find resistance from the center of a rising channel . Entry is placed at the top of the PRZ with SL at 1.13XA and target at .5CD.

Confluence in the PRZ:
  • Bearish cypher
  • 1.272BC Projection
  • 2.5AB=CD
  • Channel center resistance
  • S/R Zone
Trade active
Trade closed: stop reached: Channel center line broken before target, SL reached: -9 pips
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder 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 Account and Billing Sign Out