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LewisGlasgow
Apr 19, 2017 3:02 PM

AUD/CHF - Bullish Cypher Long

Australian Dollar/Swiss FrancFXCM

Description

Hello traders, following up from my successful bearish 5-0 for AUD/CHF (chart is shown below), I have now spotted a bullish cypher which completes at the bottom of an ascending channel on the daily chart.



This is an excellent opportunity with a potential 250+ pip return.

If you take a look at the daily chart below, price is now approaching the bottom of the ascending channel (as I previously mentioned).



Keep an eye on this setup going into next week!
Comments
fender0strat
almost there :) maybe this week or next week :)
LewisGlasgow
@fender0strat, yes I think by early next week :)
Faisal-Nagi
nice i had the idea of buying the support
@81.912 but still not sure if can hold that, i will watching this and buy with stop lost

good luck all
LewisGlasgow
@Faisal.nagi, all the best to you!
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