dojitrader

Cypher Testing Recent Lows ???

Long
FX:GBPAUD   British Pound / Australian Dollar
2
IF the correction is over OR just putting in a B wave THEN,
the Cypher - along with a corrective Elliottwave count should
trigger a decent, low risk entry, around 1.7780.
If this doesn't work, then, I'm completely lost and want out Immediately !!!
Risk is well defined as any price below 1.7765 and the EW count
is completely invalid, so, I would no longer put much confidence in the Cypher.
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