riskmode
Short

Shark and Cypher Shorts

FX:EURUSD   Euro / U.S. Dollar
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update: Price seems to be respecting the cypher . Stops should be moved above the high very soon. limiting risk from ~30 pips to ~4 pips.

update 2: stopped out on cypher -4 pips. waiting on the 886 shark or a chance to get back in the cypher if price keeps respecting it's box.

I only sell if RSI is over bought when price is in the box. Other than that I wait for price to respect the box and sell on a retest. Always remember if the big money doesn't get involved quick, abandon ship.

Price seems to be respecting the cypher. Stops should be moved above the high very soon.
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