AUDUSD Cypher pattern with strong trend

FX:AUDUSD   Australian Dollar / U.S. Dollar
Here we got yet another of our simple patterns, going short on yet another trend continuation trade, look out for RSI is going oversold - so watch price action from now on. Price action made a double bottom so we are looking to catch a retracement and there for only got 1 target.

If you have been following me and have followed our track record of now 631 pips since the first of June and 11 winners in a row last week, and you are a pattern trader yourself. I would like to make a Harmonic pattern chat room here on TradingView so PM me if interested.

Kind regards
Thomas Jeff
As soon as Nick said "don't think so" I started to wonder if price action would reverse at completion of the cypher pattern. I mean, its only 80% accurate in trend and Nicks in depth analysis almost convinced me not to take this trade. Sure am glad I trusted the pattern. Thanks Thomasjeff for the lookout.
ThomasJeff_DCM RickMusick
Well the bad things about this hole forum sharing thing is that its dangerous to get a bias from other people. You stick to the strategy you tested and proved to be profitable and you stick to your rules ice cold no matter what. If it meets the rules you have to take!

Rick i´m impressed with your page you look to be a really great pattern trader too, i´m still looking for people to start the advanced pattern room, but so far we are only 3 or 4 but we can start it up just like that if you would like, it could be good to bounce ideas and talk more privat about our strategys and money management and all these things between us.

i´ll write to you in PM tomorrow its about bedtime here in Scandinavia then we will set it up
RickMusick ThomasJeff_DCM
Sounds good Thomas. I am new to pattern trading but I am picking it up pretty fast and have became profitable ever since. I look forward to you PM. Have a good night.
+1 Reply
dont think so
Thank you for your indept anwser for your opinion..
+2 Reply
ThomasJeff_DCM ThomasJeff_DCM
Do you think different now?
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