Cypher pattern on AUDUSD

FX:AUDUSD   Australian Dollar/U.S. Dollar
5 months ago
Yesterday, I was thinking bearish and had a valid opportunity to go short, a Gartley pattern . I posted the idea, but had to cancelled my orders due to non-farm payrolls, and after the fireworks, the Gartley was already invalid. However, we now broke structure to the upside, making a cycle bottom. We must remember that we are still bullish on the big picture, and that we are sitting on the . 786 retracement of the last daily swing. We could have gone lower and still be bullish but we made a higher high higher close. The market gave us an opportunity to go long. We are now waiting for the Cypher to get triggered.

Follow the plan!
5 months ago
Order cancelled: Pattern invalid

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