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samuraichopsticks
Nov 29, 2013 12:43 PM

AUDUSD memo Long

Australian Dollar/U.S. DollarFXCM

Description

yesterday on the daily chart we found a bull cypher complete around 0,9070. This is my second long entry around this level for a breakout run above 0.9150. The PRZ range of the daily cypher is still super wide from 0.9070 to X is ± 180 pips so there is still plenty of room to make newer lower lows. For now I'm looking at a trading range between 0.9060 and 0.9150.
On this timeframe i'm anticipating on a possible bull Gartley or a Bull cypher. possible C leg of the cypher at 1.272 can also be a wave to make newer lower low. Right now I took half of my position at 0.9108 and moved stops to 0.9070. Also I left my analysing stuff on the chart so it's a bit messy. like my previous chart look how the moving average high and lows connects to my entry points or at least get's there...
Comments
samuraichopsticks
Stopped out at 0.9115
tradingview.com/v/ChfTVUdx/
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