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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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.