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FIBSII
Dec 6, 2016 11:23 AM

AUDUSD Bullish Cypher 4H Long

Australian Dollar/U.S. DollarFXCM

Description

Hey guys,

Following the recent T1 and T2 Cypher pattern win on AUDUSD, another Bullish Cypher is forming. Unsure if the X leg will complete however it is on the radar for this week. If the X completion is hit I would be expecting a move up to T1 and T2.

Nice stop placement on this one below previous structure lows of both patterns, and a good Risk Reward given it's a Cypher pattern.

Fibsii Team
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