Potential Cypher Pattern.
AUDNZD
60 min chart
Long
D leg completion at 1.0466
Potential targets at .382 & .618 Fibonacci retracement of C to D.
I'm looking to share my observations here and start documenting my progress as I continue on this journey.
AUDNZD
60 min chart
Long
D leg completion at 1.0466
Potential targets at .382 & .618 Fibonacci retracement of C to D.
I'm looking to share my observations here and start documenting my progress as I continue on this journey.
Never take a trade when it reaches D leg alone.
If I had taken this trade at D leg, without looking for more buy signals, I would have lost money.
Price went straight through D, ending up below X.