Cypher Pattern, Aud/Usd, 1hr

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.

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And as always, Good Trading !