AUD/USD Bullish Cypher Pattern at Strong Structural Support Long

Australian Dollar/U.S. DollarFXCM

Description

⋅ Jun 29, 2020 5:04 PM

1. Bullish Cypher Pattern.
2. Consolidating market condition.
3. Entry point corresponds with strong support level.
4. Bullish divergence on the RSI.

Take profit 1: 38.2%
Take profit 2: 61.8%