FX:AUDUSD   Australian Dollar/U.S. Dollar
42 0 2
Spotted this litlte Cypher on M15 while doing my morning analysis. It has a nice risk to reward ratio for a Cypher (usually inversed, but this one is close to a 1:1 on first target so not as bad as usual).

However, because I can't take trade on smaller timeframes before 9am my time (london open), I can only wait and hope the pattern will still be valid by the time I can place order (or enter at market if it has already completed).

Remember, it's about being disciplime and sticking 100% to your trading plan and trading rules !

Good luck in the markets today !
This is not a signal. Plan YOUR trades and trade YOUR plan!

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