Potential Bearish Cypher on the Daily (AUS200)

FX:AUS200   S&P/ASX Index
61 0 1
Expecting a rally soon..however play it safe as there is a potential cypher up around 5880 where we may see some small or large sell off.
There is multiple areas showing confluence with an:
- AB=CD Pattern
- Advanced pattern
- Fibonacci ratio confluence on the retracement and extension levels
- Price is also at a structure level where price has held and consolidated multiple times before breaking down.

Some volatility between now and then.
Also expecting alot of economic data this week and next. The main focus will be with the FOMC interest rate decision followed by FOMC statement..
Trade safely.


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