dule85

AUDNZD 1D Bearish Cypher Pattern

Short
FX:AUDNZD   Australian Dollar / New Zealand Dollar
A potential short opportunity at the completion of a bearish cypher which is the 0.764 retracement of the XC leg.

With entries at market we get an even better risk/reward ratio.

Stops need to go above X. TG1 is at the 0.382 retracement from C to D. TG2 is at the 0.618 retracement from C to D.
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