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Short

#GBPAUD 2 Zones to Short (Cypher, 200SMA)

FX:GBPAUD   British Pound/Australian Dollar
#GBPAUD 2 Zones to Short ( Cypher , 200SMA)

1. 200 sma in the first zone
2. first zone is previous resistance area
3. second zone is where cypher completes
fx1
2 years ago
The point C has a candle that closes below 1.414 of X to A fiB Extension. Does that invalidate the Cypher ?
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TradeYodha PRO fx1
2 years ago
in my data it is not. Wicks have gone past but it has not closed.
snapshot
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fx1 TradeYodha
2 years ago
Thats fine, I was also thinking the same thing and that we might have differences in our data providers.
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Lower zone failed but the upper zone worked very well. 1:4 R/R :-D
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