Taimur

Bund potential reversal and then completion of cypher pattern

FX:BUND   Euro-Bund
25 0 1
Price has rallied to the 127 extension of the XA leg indicating a potential reversal from that level. If price continues to fall we could see a move all the way down to around the 162.5 area which would also complete out cypher formation at which point it would present a nice longing opportunity
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