ThomasJeff_DCM
Short

AUDUSD Potential short entry on a cypher pattern at resistance

FX:AUDUSD   Australian Dollar/U.S. Dollar
Here we got a potential setup with the infamous Cypher pattern at a pretty good resistance level to go short, it still got a very long way to go, but China and Greek news can move this price action very quickly so be aware of some oversold RSI and then watch price action around out entry when we get that far.

With the China news out and the hole Greece deal going south who knows whats gonna happen when the market opens, so be careful this week.

I´m sorry i have not been posting in some time i have been very busy, but i will give out the stats at the end of the month about how we are doing, i think right now we are floating around 9-10% on captal.

Kind regards
Thomas Jeff
AhmadHassan745
a year ago
Due to a gap, will this pattern became invalid?
Reply
Yes it broke the C leg so its invalid now, thats correct!

Kind regards
Thomas Jeff
Reply
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