GBPAUD: Completed Harmonic Cypher Pattern

Short

British Pound / Australian Dollar (FX:GBPAUD)

FX:GBPAUD British Pound / Australian Dollar

Harmonic Patterns Technical Indicators Cypher

harmonicpatterns indicator cypherpattern

snapshot

Cute bearish cypher formed on GBPAUD.
Yesterday's weak daily bullish candle confirms the slowing bullish movement + rsi reached overbought condition.

Chances are high that the price will retrace.

Our initial target will be:
1.82

safest stop:
1.852

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