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Jagsp
Dec 30, 2014 10:52 PM

GBPAUD 60min SHORT Short

British Pound/Australian DollarFXCM

Description

Potential Cypher pattern forming, If the price breaks above the R1 level then next level to potentially engage in trade is @ R2 Cypher pattern completion.
Comments
Jagsp
Target 1 and Target 2 both hit.
Jagsp
R1 touched and bounced back, potential retest of R1 and if it price breaks R1 level and closes then next short level are at R2 or X.
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