AUD/CAD: Possible Cypher Pattern Short

Australian Dollar/Canadian DollarFXCM

Description

⋅ May 27, 2015 2:46 PM

If the D point is reached then we have a Bearish Cypher pattern complete at 78.6 X-C Fibo retracement.
1st target at 38.2 C-D leg (P&L ratio = 1)
2nd target at 61.8 C-D leg (P&L ratio = 1.61)
Stop above X point