Beebags

AUDUSD: H4 BULL CYPHER

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
Hi Traders,

This setup is about 100 pips away from current price, so be patient for the entry. Last week was a great week for pattern traders, especially that EURUSD D1 Bat, so let's hope we can continue the run. I have been taking my entire position at first target (38.2% CD retracement) on pattern setups, I find that makes it easier to manage the trade and to hold (psychologically).

Entry - 0.71370
Stop - 0.70600
Target - 0.72300

Good trading,

Luke

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.