ThomasJeff_DCM
Long

GBPAUD potential Cypher pattern trend continuation trade

FX:GBPAUD   British Pound/Australian Dollar
Here we got yet another of the infamous Cypher patterns that hopefully will give us a entry to hop on the bullish trend on a retracement, so watch out for the RSI to go near the oversold condition and well its friday so its up to you if you will make a pending order and risk a gap opening on monday or not.

As you can see the past 2 weeks we had one winner and one looser on this pair, so lets see what this will bring us.

Kind regards
Thomas Jeff
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