Target the Support Trend line // IF=THEN // Long @D ®

FX:EURAUD   Euro / Australian Dollar
54 0 4
With a Cypher pattern invalidated by point C racios, the expectation is the same, a movement downward at least to test the support trend line (at red), and eventually, IF it break, a continuation of the downtrend with a few support zones along the way to break, and THEN, eventually the "conclusion" of this "Failed" pattern and a Long opportunity may arise around point D price zone.

Point B - 38.2% 61.8% XA
Point C - 127% 141% ext XA (exceeded)
Point D - 78% XC

TP1 38.2% CD
TP2 61.8% CD

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