AUDUSD Long opportunity (Cypher pattern)
Just scanned the market today and found this cypher pattern, as indicated the D point would be around 0.68865. This is also backed up with a support or demand area as highlighted in blue colour. Wait for confirmation typically a no lower low, and in this case might be ranging for a while then spike up first.
I have also drawn the potential K chart path and if scenario A happens you may take the long. If scenario B happened don't take this trade as the support is shown to be weak.
Good luck
Steven
I have also drawn the potential K chart path and if scenario A happens you may take the long. If scenario B happened don't take this trade as the support is shown to be weak.
Good luck
Steven
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.