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AUD/USD - Bearish Cypher
Australian Dollar / U.S. Dollar
Short
AUD/USD - Bearish Cypher
By LewisGlasgow
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Updated
Feb 14, 2017
5
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6
6
Jan 17, 2017
Hello traders, following up from my previous post on price structure it appears AUD/USD is now forming a bearish cypher pattern on the 4h chart.
The measurements for a valid cypher are detailed below.
B: 0.382 - 0.618
C: 1.272 - 1.414
X to D: 0.786
I'll be looking for extra validation before entering this trade!
Feb 14, 2017
Trade active
We are now ready to sell, base your entry on the price structure shown below.
Bearish Cypher
lewglasgow
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sixfigurecapital
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