There is a bearish cypher pattern set up on the H4 chart on AUDUSD with D completion at 0.76430. Trade details below.
Entry at D completion - 0.76410 Stop above X point - 0.77850 Target 1 @ 38.2% retracement of the CD leg - 0.74650 Target 2 @ 61.8% retracement of the CD leg - 0.73500
If price reaches target 1 I closed half my position and move my stop to entry.
Please check fallowing idea and comment:
Sincerely,
Trader.