TomHall
Short

EUR.AUD - Cypher Pattern + Extra Confluence

FX:EURAUD   Euro Fx/Australian Dollar
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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