Hello traders, looks like
GBPAUD
gives us an opportunity to hop on this bearish trend..the reasons why the little orange box is the good place to sell :
1. Cypher pattern completed at that area (0.786 retracement of X-C)
2. 1.27 fibo inversion (B-C point)
3. RSI overbaught
Just for reminder guys, the stops must be above X point..extended targets?yeah, why not :) Good luck :)
GBPAUD
gives us an opportunity to hop on this bearish trend..the reasons why the little orange box is the good place to sell : 1. Cypher pattern completed at that area (0.786 retracement of X-C)
2. 1.27 fibo inversion (B-C point)
3. RSI overbaught
Just for reminder guys, the stops must be above X point..extended targets?yeah, why not :) Good luck :)
Trade active:
sold at 1.9678
Trade closed: target reached:
take some time but its worth waiting..first, second and third target reached ! :)
