tommyb35
Short

Monster Cypher on the AudCad

FX:AUDCAD   Australian Dollar/Canadian Dollar
All of you out there that trade the AudCad             and advanced             patterns, there is a huge bearish cypher setting up that will hopefully complete sometime this week. Like most cypher pattern's Target 1 is right at a 1:1 risk/reward, but target 2 is a little better than 1.5:1 risk reward. Being that this particular pattern is about 70% accurate depending on the currency pair and timeframe, this is definitely a setup I will take all day everyday. Good luck and Good trading.
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