TheDailyTrader_FX

GBP/AUD 1H Bear Cypher @ 1.84000

Short
FX:GBPAUD   British Pound / Australian Dollar
After hitting resistance of bear flag that pair is potentially forming on weekly
It has now formed Bullish Three point correction wave, representing a Bearish Alternate ABCD pattern on 4H time frame.
and Bearish Gartley on 4H as well
Looks very bearish so far. Now,best thing about all this is that pair is currently forming a Bear Cypher pattern on Hourly opening up a very nice oportunity to short this pattern with extended targets well beyond my set target 3 on the chart. What do you think lads?? Looks Good?? Or Not??

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