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UnknownUnicorn101425
Jul 8, 2015 2:05 PM

AUDCAD Cypher pattern trend continuation trade Short

Australian Dollar/Canadian DollarFXCM

Description

Here we got another one of the infamous Cypher patterns making up for an chance to hop on the trend. watch price action and wait for RSI to go near the overbought territory before entry. The trend is running into strong support down below our pattern so a small retracement to our profit target should be possible even if the trend change to the upside.

Kind Regards
Thomas Jeff
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