FX:EURAUD   Euro Fx/Australian Dollar
84 4 1
SHORT @ 1.4528
SL: 1.4588
TG: 1.42739
richeyeo
3 years ago
Could you advise me what pattern is formed here, thanks
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jasoncyj richeyeo
3 years ago
Someone name it Cypher. I come across it is similar to a pattern called shark, just a little bit different in requirement.
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richeyeo
3 years ago
Cypher pattern for Pt c should not exceed 141.4, drawing Fib Ext from X to A
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jasoncyj richeyeo
3 years ago
yes, it should not close below 141.4. it didn't close below from my broker's data feed, but it close below on this chart. it happen when you use different source feed. This trade did well on me, TP1 is hit, now have a risk free trade.
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