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AUDUSD Potential Bearish Cypher and Short Opportunity Update: TP3 Reached

AUDUSD Potential Bearish Cypher and Short Opportunity

Description: AUDUSD printing a bearish cypher pattern on the H4 / DAILY chart. Potential bearish correction is predicted.

Pair / Instrument: AUDUSD

Time Frame: DAILY

Trade Period: Intraday / Midterm

The trend in the Timeframe: Bullish

The trend in the Daily Chart: Bullish

Trade Based On: Bearish Cypher

Accuracy: %92

Recommended Lot Size: 0.10 at 10K

Trade: Short

The Area Of The Entry: 0.73950 – 0.74100

Stop Loss: Above X 0.74600

Target 1: 0.73500 / Target Reached Trade is Open

Target 2: 0.73200

Target 3: 0.72800 / Target Reached Trade Closed with 110 Pips

See Updated Forecast: AUDUSD Forecast 

 

You can view the setup : AUDUSD Berarish Cypher

You can check  our signal results

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DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money

AUDUSD Bearish Cypher Pattern:  Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

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