GBPAUD Follow up of last post
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.
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.
Komen:
With a close above my reversal zone pattern is invalid