J_Graystone
Long

AUDUSD Double Pattern Opportunity on Market Open

FX:AUDUSD   Australian Dollar/U.S. Dollar
48 0 3
After closing off my positions for the weekend, i will be watching this pair to see where price action is on the open.
If price action opens at the same price it closed on Friday, then we have a Cypher pattern completion at market.

If the market opens lower, we have a Bat pattern down at 7358.

Stops for both patterns would need to be below 7338 MINIMUM.

Of course if market opens higher and it is above the 382 retracement on either pattern, i will see this as the target profit already being hit and i will no longer look to enter myself into the pattern opportunities.

Good luck this week in the markets!
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out