felix92
Long

Trend Continuation: GBPAUD Outside return into Cypher Pattern.

FX:GBPAUD   British Pound/Australian Dollar
A perfect example how to combine possible advanced patterns and price structure to build a case for entry.

We recently saw a new structure high which is putting us in Trend Continuation Mode. Typically we see an outside return into previous structure, in this case perfectly lined up with the 0.382 % retracement of our last rally.

Completion Point D of the Cypher Pattern lines up exactly with the 0.382% retracement.
The setup shows how I personally manage positions for this kind of trend continuation trade.

Good Luck!
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out