FX:AUDUSD   Australian Dollar / U.S. Dollar
67 3 0
AUDUSD             has a big cypher pattern setting up and about to reach his buy up level. Be aware that this is a really big pattern that may go against you for 200 pips and still end up probably working. You can try to increase your R/R ratio by buying somewhere between D (0,9077) and X (0,8891). Always place stops below X, that's where you will have structure to hold up price in case it doesn't reverses precisely at D.

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Here is an update for AUDUSD. I'm buying at 0.8987, I did not entered right at D because I want a better Risk/Reward. Stoploss and targets displayed on the picture. Green line it's going to be my 1st target.

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Here's an update regarding Stoploss and take profits for this trade.. Take a look at the chart

You may take half of the position off the table at 0.9320

Will be updated again if anything comes up

Best regards
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