EUR.AUD - Cypher Pattern + Extra Confluence
On the EUR.AUD 15 min chart we have a potential short opportunity at the D leg completion of a Cypher Pattern
The price reversal zone on this pair is between 1.5378 & 1.5400
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
AB-CD completion just above the Cypher pattern at 1.5384
161.80%, 88.60% & 141.40 Fibonacci confluence at the D leg completion.
Potential targets for the Cypher Pattern placed at the 38.20% and 61.80% retracement of the C to D move.
Stop loss would be placed above 1.5400 psychological number X leg structure resistance.
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The price reversal zone on this pair is between 1.5378 & 1.5400
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
AB-CD completion just above the Cypher pattern at 1.5384
161.80%, 88.60% & 141.40 Fibonacci confluence at the D leg completion.
Potential targets for the Cypher Pattern placed at the 38.20% and 61.80% retracement of the C to D move.
Stop loss would be placed above 1.5400 psychological number X leg structure resistance.
www.UKForexSignals.com
www.Instagram.com/UK_Forex_Signals
www.Instagram.com/Tom_Hall_Official