Ignore The Spike High AND See The Cypher . . .

FX:GBPAUD   British Pound / Australian Dollar
127 4 0
How important do you suppose that spike high of the NFP Friday ?
*anyone's experience with spikes and cyphers gladly accepted ! *
WIDE area of confluence to try and target an entry.
I think I'll shoot for the ab=cd/1.618
maybe the candlesticks will help me with the trigger. this is another good resource for you @tntsunrise
You could start with this:

or ---

or === if you google "harmonic patterns" or the specific pattern name
you often get something like this:
Best of luck !
Price did not reach the target area and has now invalidated the trade. Time to look for another set up.
tntsunrise TOP dojitrader
Yeah! Trader. I also spot this cyper pattern and set my limit order at 1.8120 but never hit. same as my GBP CAD.
How about the GBP JPY? i think you reviewed my idea last time and your comment is very helpful and you are right! I found it quite hard to apply harmonic pattern when price is always making a new structure high. could you give me any sugesstions on this? thanks a lot if you would reply me.
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