TradingView
DKrastev
Oct 19, 2016 7:51 AM

Potential Bullish Cypher on the 1H of AUDCAD Long

Australian Dollar/Canadian DollarFXCM

Description

There is a potential Bullish Cypher in AUDCAD completing at 1.0016. Stop is below X, target 1 at 38.2, target 2 at 61.8. I am still in the Bearish Bat from earlier in this pair, so depending on the price action I may not be able to take advantage of this Cypher.

Trade closed: target reached

Target 1 for this pattern has been reached. Stop moved to breakeven.

Trade closed: target reached

Second target also reached.
Comments
yihett321
nice trade
DKrastev
Yes, it was, but news events are dangerous, so we should be cautious when trading around them.
More