StevenH
Long

Cypher on the AUDUSD

FX:AUDUSD   Australian Dollar/U.S. Dollar
I am short the AUDUSD             now following the completion of the bearish cypher in green. Now that the second bullish cypher in red has formed ive decided to take half the position off at the .382 retrace of the bearish cypher and ride the rest out to see if it will hit the completion of the bullish cypher and give me an opportunity to reverse my position and get long on the D-leg completion of the bullish cypher . Entry on the D-leg with stops below the X-leg and my targets are as written below.

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Good luck with all of your trades!!
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