AUDJPY breakdown at resistance. Easy short, good R:R
I don't often draw Cypher Patterns or trade the DAX but I was just practicing the pattern and it seems to be unfolding on the DAX on the daily. All Fib levels seem to be met so far just waiting for the D extension down to go long. Please check and feel free to correct.
Hammer was formed on the 4H, and falls in resistance and previous structure as well as Fibo retracement.