FIBSII

AUDUSD Cypher at Market

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Hey all,

Just found this at market Cypher pattern on AUDUSD , It did complete a little earlier but is still valid as the X leg hasn't been broken. Will be looking for the usual 38.2 and 61.8 targets, and the stop loss I have on this is the 113 fib. Risk Reward is actually pretty good for a Cypher , as normally it's slightly less than 1:1!

Will be looking for a press up this week as it's a relatively small pattern for the 4H timeframe,

Fibsii