Hi guys, we got a short opportunity here. After on the winning LONG that we got here in the AUDJPY. A bearish Cypher pattern completion that is near to be completed. Aggressive can go have pending sell limit while conservative can wait for confirmation or signal to go SHORT.
Bear Cypher: 87.67 TP1: 86.97 TP2: 86.54
Stops would be above the X point structure.
Komen
⋅
And take note that we are bearish on the Aussie dollars. One of the bias. Same goes with JPY looking on correlations I can see strength on the JPY as I have short positions on xxxJPY pairs.
Komen
Jovescastoir
⋅
i went aggressive on this one before it hit the entry point and the money is still growing :)
Great chart this here. thumbs up
lulaay
⋅
87.673 is entry point ?????
TheForexSamurai
⋅
@lulaay, as for me as per pattern trader. either I could go aggressively short on that price and stops above the X point or wait as price reach that price handle as price can do still go up or consolidate for a moment. And take note that different brokers do have different data so there is no exact price level.
Great chart this here. thumbs up