TradingView
OsamaAbouzeid
Feb 2, 2016 10:54 AM

GBPAUD_Cypher pattern completion  Short

British Pound/Australian DollarFXCM

Description

Potential reverse expected at the decision zone due to the following :-
1- completion of Cypher pattern
2-completion of Three drives pattern (At lower time frame )
3-0.618 , 0.50 Fib retracement for AB , CB legs
4- valid structure level
5-RSI overbought with regular divergence

Trade closed: target reached

Comments
Gino
Target?
OsamaAbouzeid
First target at 2.032 ( B level for the Cypher pattern )
Gino
Next time, too late for me, thanks.
More