GBPAUD Emerging Cypher Pattern CD leg
Overall market structure is Bearish .
Apparently price has found strong support at the 1.77500 area, a level which forms a base with XABC legs of Cypher pattern .
Price has a high probability to travel to the 1.81500 area forming a Deep retrace..
Do we have an emerging Bearish Cypher pattern? Or rather the market will break Support level and aggressively continue south?
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
-THE END-