FX:EURAUD   Euro Fx/Australian Dollar
403 22 16
SHORT NOW @ 88.6% WITH PATTERN COMPLETION.
PATTERN RATIOS ARE THERE, SLIGHTLY DEBATABLE BUT THE IDEA IS THERE.
STOPS ABOVE 100%. AIM FOR 1.4100

THUMBS UP IF YOU WISH TO RECEIVE UPDATES, OR LIKE THIS IDEA.
Agree, looks like it's about to go down. I'm waiting for this 4H trendline to break:
EURAUD - 4H - TRENDLINE IN PLAY
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Thanks. Actually im in long AUD, thus wont be in this trade. Haha. Just wanted to post it, nice setup for a potential long afterwards.
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ClearEdgeFX PriceActionTrading
Yes, a bounce off of the trendline would be good for a long position as well.
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I could be wrong but I'm pretty sure that's not an advanced pattern..... looks good though.
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Hey rick, you are not wrong. im not even sure if that is a legit pattern at all. So no problem. Thanks.
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Nice. E/J moving down and so on E/A
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Yes andyle. But i feel its too late to short EJ, though it should be a very good short.
Im looking to buy it as soon as it reaches 136.00 region, the 61.8%.
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What about potential Butterfly?
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PriceActionTrading leszekstanislaw
261.8% is quite hard to achieve IMO. I do not spot much in forex markets. Probably only appears when currencies are on the opposite end of the strength index.
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leszekstanislaw PRO PriceActionTrading
Must be blind, now I can see 1=1 and confluence with fibo 161.8%.
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PriceActionTrading leszekstanislaw
Yes bro, Haha. You are right on the AB=CD. Thats what could be traded now. Good luck mate. As i said. Im in long AUDUSD wont be trading this.
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10/6/2015 LOOKING FOR THE COMPLETION OF THIS CYPHER PATTERN TO GO SHORT, LONG TERM.
SELL @ 1.4730 WITH 100 PIPS SL. TARGET 300-400 PIPS.
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ENTERED SHORT @ COMPLETION OF CYPHER @ 1.4750 (141.4%). WITH 100 PIPS SL.
ALL THE BEST.
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Already in 150 pips and counting. Targeting for more than 300 pips.
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10/6/2015 UPDATE : PRICE REACHED CRITICAL SUPPORT. OVERALL IT IS STILL BEARISH. ONE COULD TAKE HALF PROFIT AND ADD MORE DURING RETRACEMENT.
PRICE COULD BOUNCE NOW, OR MAKE A CLEAN BREAK.
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12/6/2015 UPDATE :
TRADE LOOKING GOOD WITH BEARISH PIN BAR FORMED ON D1 WITH BROKEN TRENDLINE SUPPORT.
MORE DOWNWARDS POTENTIAL I WOULD SAY.
MOVED STOP TO B/E 1.4730.
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12/6/2015 UDPATE :
EXITED MY POSITION IN FULL. BANKED IN MY 200+ PIPS ALTHOUGH D1 HAS A NICE BEARISH PIN BAR. H1 LOOKS TO BE AB = CD. DEFINITELY LOOKING TO SELL AGAIN.
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IvanLabrie PRO PriceActionTrading
I entered a long at 1.45335 (had a lower entry but I closed to book some profits to make the next long risk free).
Good trade here ;)
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Yes. all the best to you too. I wont be longing this pair. Looking to short this pair next week
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PriceActionTrading PriceActionTrading
Shorted it @ 1.4590 through a sell limit order. Filled an hour ago.
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RIGHT NOW THIS PAIR IS JUST DOING ITS THING AND PROCEEDING DOWNWARDS. NOTHING MUCH TO UPDATE EXCEPT WAIT TO SEE WHAT HAPPENS AT THE RED MARKED AREA (38.2% AND 61.8%), THOSE ARE ALSO TP1 AND TP2 FOR THOSE WHO SHORTED. WE WILL SEE BULLISHNESS ACTION OVER THERE AT THOSE 2 MARKED AREA, QUESTION IS WHICH ONE WILL REVERSE THE PAIR.
STILL HOLDING MY SHORT. WITH SL @ BE @ 1.459.
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UPDATE : PAIR CURRENTLY RETRACING.
SL ALREADY @ BE. MAY LOOK TO ADD TODAY OR TOMORROW DEPENDING ON H4 ACTION.
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