KlejdiCuni

EURAUD: Bearish Cypher pattern

Short
KlejdiCuni Updated   
FX:EURAUD   Euro / Australian Dollar
15
1.Bearish Cypher pattern on 240 min almost completed
2.ABC structure on CD leg of the Cypher that can extend up to the blue box.
3. Resistance from 200 EMA
So the overall trend is developing to upside. So you can play the Cypher for Sell opportunity or you can wait for price to retest the left structure (red box) and to see prices there how they will develop there for a Buy.
Good Luck

Comment:

For those who bought EURAUD-target reached:)

✅MY Free Signals
t.me/TradingPuzzles

✅Personal Telegram
t.me/KlejdiCuni

✅YouTube
www.youtube.com/@TradingPuzzles

✅My FX Broker
bit.ly/49VySJF
Disclaimer

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.