GBPAUD Emerging Cypher Pattern CD leg
Updated
GBPAUDOverall market structure is Bearish.
Apparently price has find strong support at 1.77500 area, a level which forms a base with XABC legs of Cypher pattern.
Price has a high probability to travel to 1.81500 area forming a Deep retrace..
Do we have emerging Bearish Cypher pattern? Or rather the market will break Support level and aggressively continue south?
#CapturingLowHangingProfits.
Trade closed: stop reached
Trailling stop hit with profits!
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