Kylan_Laymance
Short

Cypher Pattern, Aud/Usd, 1hr

FX:AUDUSD   Australian Dollar/U.S. Dollar
Here we have a cypher pattern completed on theAud usd charts, the pattern has completed as bearish in the positive deviation , which means that it is likely to cross back below the linear regression line. Also we have the support of the wedge formation putting our stop right on the bottom wedge line.

I havve placed my entry at D, my stop at the previous structure just before X and the limit at the 1.618 extension of the BC             leg.

Thanks for tuning in , please like comment and follow me for more trades.

And as always, Good Trading !
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