AUD.USD - Bullish Cypher Setup - 0.7180
On the AUD.USD 1h chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup.
The price reversal zone on this pair is between 0.7180 & 0.7151
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Fibonacci Confluence - 78.60% - 1.414% & 1.618%
Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 0.7272
Stop loss would be placed below X leg structure support.
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The price reversal zone on this pair is between 0.7180 & 0.7151
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Fibonacci Confluence - 78.60% - 1.414% & 1.618%
Potential targets for the Cypher setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets at around 0.7272
Stop loss would be placed below X leg structure support.
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