euraud weekly chart failed waves

analizing my daily charts i noticed how sieways the movement was showing no clear intentions of any trend. so i had a feeling if i took a step bach into my weeklys i would notice something unusual and i did! elliott waves are pointing at a failed trend as well as the big doulbe top. i am expecting this break in daily chart trend to extend all the way down to a weekly break. in other words, after cypher pattern targets get hit we can reenter short positions on euraud. you can even put limits at cypher targets. we also have very high volume on the rejection candles which further confims bear trend

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coming along

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lets see what comes next..