rozela99
Long

GBPAUD Follow up of last post

FX:GBPAUD   British Pound / Australian Dollar
25 0 0
As I mentioned earlier If I got stopped out I would the wait to see If
we get a bull cypher set up. We are still way early but I will
watch price to see what hapens,

If Price hits my zone and does not close above it this would give a my C point.
Then I will wait for price to retrace back down.
If price retrace back down to the right fib retracment of X to C this will complete my D point
Then I will use fibs to find exact entry (the levels on the chart are just a visual not actual completion target and stop)

Lets see what happens as anything could happen.
Comment: With a close above my reversal zone pattern is invalid
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