TomHall
Long

AUD/USD - Bullish Cypher Pattern

FX:AUDUSD   Australian Dollar/U.S. Dollar
On the AUD/USD             4h chart we have a potential long opportunity at the D leg completion of a Cypher Pattern .

The price reversal zone on this pair is between 0.7098 & 0.7080
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.

Potential targets for the Cypher Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed below X leg structure support .

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cool
+1 Reply
TomHall TOP Piet.Hein
Thanks very much
Reply
Thanks Tom..Good one :)
+1 Reply
TomHall TOP Josphat89
No problem at all :-)
Reply
I PAY ATTENTION TO THE 50% , THE 5-0 PATTERN
+1 Reply
It is not one I have personally heard of, but I hope it goes well.
Reply
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