Trading_Jazz
Short

Keep it inside the box // Eventual Bearish Cypher // IF=THEN ®

FX:EURAUD   Euro / Australian Dollar
FX:EURAUD            

- We have a nice resistance above previous 4h candle, also previous support;
- Point C with a target around the bottom of the consolidation "box"; (it can create a nice r/r option to buy)
- Eventual pont             D ... IF forged, can "give us" a new Lower High and other option to sell with friendly r/r.

Eventual Bearish Cypher:

Point B:
38.2% to 61.8% XA
Point C: (LONG)
127% to 141% ext XA
Point D: (SHORT)
78.6% XC
Target:
TP1 38.2% CD
TP2 61.8% CD

SL above point X

Safe trades;
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