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eightpac

AUDUSD Bearish Cypher Re-Entry

Short
Australian Dollar / U.S. Dollar (FX:AUDUSD)  
eightpac  
FX:AUDUSD   Australian Dollar / U.S. Dollar
AUDUSD shortsetup Bearish Patterns cyhperpattern AB=CD advancedpatterns Harmonic Patterns USDJPY
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audusd shortsetup bearish cyhperpattern abcdpattern advancedpatterns harmonicpatterns usdjpy
I have been hedging this pair against the USDJPY for the past two weeks and have had a ton of success. I was stopped out of the AUDUSD for a small loss (massive win on USDJPY when it tanked) but was able to get back in on this MASSIVE pattern with a ridiculously awesome R/R. Nevertheless we are near the original completion point for this pattern, and due the the high success rate of these patterns I would look for a way to get in (as long as it fits your trading plan!) cause I think we could head past the .382 if the USD can gain some strength!

Stops are currently set at .7660 for 74 pips of profit (always protect your money!)
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