AUDCAD Potential bearish Cypher pattern with trend

2 Eyl 2015

Bearish Cypher with trend with entry just above a horizontal resistance so we hope it will retrace up and just make a small false break to enter our trade and then continue the trend. Stop, entry and targets are as you know them. If price close below th blue box the setup is invalid.

Comments good and bad are very welcome

Kind regards
Thomas Jeff