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Andre_Cardoso
Feb 5, 2017 2:21 PM

(Daily) Bearish Cypher // Overbought and Divergence in formation Short

Australian Dollar/U.S. DollarFXCM

Description

FX:AUDUSD



Safe Trades;

Comment

1h chart update:
Eventual Double Top (only validated on Neck breakout)...

Comment

Adjusted fibs and targets! 1st target reached at 38% retracement:

Adjust stops...

Comments
ianpatton
Looks goood to me

saadalielghobar
, do you effectively analysis ?
Trader_Dale
Very nice and precise reaction there mate! I have just made my analysis and I think that there might be a strong support around 7590. What do you think? Will you hold your position even against it? Thanks and good luck!
lukar
According to the reading material you are linking here, does the cypher invalidate because the XC distance is not at 78.6%? Why is 88.6 valid?
Spearmanfx
nice short
mkdeep04
like it
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