Moto_Trades

AUD/USD Bearish Cypher daily chart

Short
OANDA:AUDUSD   Australian Dollar / U.S. Dollar
Bearish cypher trade idea on the aussie dollar for the daily time frame. Due to this being on the daily should have plenty of time to play out. The entry spot has held up well and is still at a decent spot for a short entry in my opinion. Profit targets are marked on the chart, and the stop is where I placed mine not exactly according to the pattern rules. I take smaller positions with wider stops to give the trade more room and possibly time to develop. Thank you for taking the time to take a look!

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