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erikarter

Head and Shoulders and Cypher on AUD/NZD

Long
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
erikarter Updated   
FX:AUDNZD   Australian Dollar / New Zealand Dollar
AB=CD Cypher Head and Shoulders Bearish Cypher head_and_shoulder hamonic longsetup shortsetup
8
3
abcdpattern cypherpattern headandshoulders bearishcypher head_and_shoulder hamonic longsetup shortsetup
Two possible situations on AUD/NZD

Long Idea - Head and Shoulders pattern
Short Idea - If the first idea was successful you can short it at 61,8 fib (red zone) because we have a bearish Cypher as well.

I will look closely both of the situations.
Comment:
1º Positon ok, 2ª position breakeven. (Move stop losses to entry point)

snapshot
Trade closed: target reached
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