TomHall
Short

AUD.USD - Bearish Cypher & Bat Setup. .7498 & .7505

FX:AUDUSD   Australian Dollar/U.S. Dollar
On the AUD.USD 1h chart we 2 potential trade opportunity's at the D leg completion of a Bearish Bat & Cypher .

Bearish Bat Setup ( Blue ) - D leg completion .7505
Bearish Cypher Setup ( Grey ) - D leg completion .7498

Bullish Bat: Stop loss would be placed above X leg structure resistance .
Bearish Bat: Stop loss would be placed above X leg structure resistance .


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wow amazing...
+1 Reply
TomHall TOP Ali_Wibowo
Thank you.
Reply
although I don't like bat/cypher patterns; I have the same view.. but expecting 7520 or perhaps 7540 before Tuesday US consumer confidence and bear bear bear all the way to FOMC
+1 Reply
TomHall TOP alan_watch
There are certainly some occasions where i am using patterns as a confluence method the same.
Let's see what happens :-)
Have a great week.
Reply
alan_watch TomHall
you too! Great analysis nonetheless btw!
+1 Reply
TomHall TOP alan_watch
Much appreciated.
Reply
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