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UPDATE #1: AUDUSD - Back-To-Back Gartley & Cypher TP1 & TP2 Hit

FX:AUDUSD   Australian Dollar/U.S. Dollar
UPDATE #1: The bullish Gartley I posted about has hit both TP1 & TP2 for a combined +106 pips profit.

The bearish cypher pattern was also quickly filled and now prices have already started retreating from there. If you got in on the bearish cypher and are now SHORT, I would caution against getting greedy and shooting for TP2 via the cypher . Price action is giving clues that the action is to the upside. Prices retreating from the cypher should only be a retracement and not a reversal back down.

Of interest to note, I also put in a bearish bat pattern that was also completed though I didn't take any trade off of it due to my expectation that the cypher would be completed.

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Back to Back Setups typicly trigger chanel, triangle, flag or wedge breakouts. Make sure your stops are beyond the channel's border, otherwise you will be stopped before the move starts)
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