GBPAUD Short opportunity on a Cypher pattern at market

FX:GBPAUD   British Pound / Australian Dollar
Finally we got a Short trade here where market can´t invalidate our setup, we are already short, but its still possible to get in at market, or if price hit´s 1,85141 around resistance at our PRZ level. Stops and targets are as drawn on the chart. Here its holiday tomorrow so this is out last trade for the week. Good luck and good weekend.

Kind Regards
Thomas Jeff
Comment: Stop hit trade closed
would you like to revised this?
I think this is still in play..... coming down from 1.865
+1 Reply
Not really, this was my setup according to my trade plan, it was just a lost trade during a news spike. We need to follow our tradeplan, so i wash the canvas clean and look for a new opportunity that meet´s my plan. On this pair we are normally around 55% on these Cypher patterns. But this and next week are heavy news weeks for this Q1 it may distort the win ratio, but it should not make us change our rules. So if it´s in your plan, it could be an opportunity.

Kind Regards
Thomas Jeff
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