UnknownUnicorn180388

AUD.USD - Bullish Cypher & Bearish Bat - .7253 / .7607

FX:AUDUSD   Australian Dollar / U.S. Dollar
On the AUD.USD 4 Hour chart we 2 potential trade opportunity's at the D leg completion of a Bullish Cypher & Bearish Bat Setup.

Bearish Bat Setup ( Grey ) - D leg completion .7607
Bullish Cypher Setup ( Blue ) - D leg completion .7253

Potential targets for the bearish bat setup placed at the .382% and .618% retracement of the A to D move.
Potential targets for the bullish cypher setup placed at the .382% and .618% retracement of the C to D move.
Bullish Cypher: Stop loss would be placed below X leg structure support.
Bearish Bat: Stop loss would be placed above X leg structure resistance.


Website: www.UKForexSignals.com
Instagram: www.Instagram.com/UK_Forex_Signals
Instagram: www.Instagram.com/Tom_Hall_Official
Twitter: www.Twitter.com/Tom_H_Official
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.