AUDUSD Bullish Cypher almost completed
Bullish Cypher is almost completed... Area for entry is on an ascending trendline that´s been tested a few times. Risk/reward to target 1 is 1:1, not exceptional but it´s OK because this is Cypher pattern. Cyphers are known to produce good result with high probability.
Trade active:
Long @ 0.70982
Trade active:
Target 1 was reached. Closed half of my position. Now going to Target 2...
Trade closed: target reached:
... and Target 2 was finally hit at Christmas Eve:)
