EUR.AUD - x2 Bearish Cypher Setups - 1.4205 & 1.4341
Updated
On the EUR.AUD 1hr chart we 2 potential trade opportunity's at the D leg completion of x2 Bearish Cypher setups.
Bearish Cypher Setup ( 1 ) - D leg completion 1.4205
Target 1 - 1.4137
Target 2 - 1.4094
Bearish Cypher Setup ( 2 ) - D leg completion 1.4341
Target 1 - 1.4221
Target 2 - 1.4147
Cypher setup stop loss would be placed above X leg structure resistance.
Bearish Cypher Setup ( 1 ) - D leg completion 1.4205
Target 1 - 1.4137
Target 2 - 1.4094
Bearish Cypher Setup ( 2 ) - D leg completion 1.4341
Target 1 - 1.4221
Target 2 - 1.4147
Cypher setup stop loss would be placed above X leg structure resistance.
Note
Note
We have now seen a pullback that i expected, i would now anticipate a push higher towards a D leg completion.Note
Potential short for next week, have a great weekend.Note
Bearish Cypher D1 leg completion, potential short opportunity.Note
My entry criteria behind the pattern setup.
Note
Note
If you entered the position at D1 then you would now have taken target 1
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