JoMarshall

Potential Bullish Cypher On AUDUSD

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FX:AUDUSD   澳元/美元
This pair is currently in consolidation on a higher time frame and this is when we usually see these advanced patterns. Here we have a potential bullish cypher that will complete just above a major support structure, hence, presenting us with a very good opportunity to go long. The pair came crashing down on friday after the NFP news and i would expect a sideways correction from this current level before we see another bearish move which will hopefully push into our reversal zone where i will also be paying close attention to the rsi and will be hoping to see some oversold conditions or even a bearish divergence which will give me a major confirmation to execute the trade.

watch my weekly video where i covered 10 currency pairs including this one

www.youtube.com/watch?v=Jg-d74k5...

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www.tradewithme.co.uk/signals/
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