FIBSII

AUDUSD Potential Cypher

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Hey all,

With the recent shift in momentum on AUDUSD , the C-D leg on a bullish Cypher has almost completed. I have my limit orders set incase this pattern completes overnight. Looking for a 2 target TP, given the inverse R:R. Remember however, Cypher patterns have a high expectancy even though they sometimes have an inverse Risk Reward.

Will be paying attention to this throughout the week,

Fibsii Team

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