IndigoTradingGroup

EURAUD| Advanced Cypher Telling Us It's Time To Sell

Short
FX:EURAUD   Euro / Australian Dollar
Heres another solid trade. This time an advanced cypher is about to complete perfectly at the 1.272 zone
You may ask why the X leg begins at 1.6 rather than 1.635.
The reason is because at the point X, it marks the transition of structure: From support into resistance. Therefore, this should be the X leg.
What follows is a perfect completion of the advanced cypher pattern.
Targets and SL placed at 618 and 1.618

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GOod luck
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