AUDUSD counter trend potential Cypher pattern after DB Bottom

2 Eyl 2015

This is a highly counter trend trade so be aware and use only half position. We got a double bottom that gives us our only support. So lets see if price retraces down to our entry and give us this small pullback tp our target. Be would very much like to see an oversold RSI in this case.

Comments very welcome

Kind regards
Thomas Jeff