GBP.AUD - x2 Bearish Cypher Setups - 1.6583 & 1.6378
On the GBP.AUD 4hr chart we 2 potential trade opportunity's at the D leg completion of Bearish Cypher setups.
Bearish Cypher Setup ( Blue ) - D leg completion 1.6583
Target 1 - 1.6357
Target 2 - 1.6216
Bearish Cypher Setup ( White ) - D leg completion 1.6378
Target 1 - 1.6231
Target 2 - 1.6140
Bearish Cypher Setup: Stop loss would be placed above X leg structure resistance.
Bearish Cypher Setup ( Blue ) - D leg completion 1.6583
Target 1 - 1.6357
Target 2 - 1.6216
Bearish Cypher Setup ( White ) - D leg completion 1.6378
Target 1 - 1.6231
Target 2 - 1.6140
Bearish Cypher Setup: Stop loss would be placed above X leg structure resistance.
Comment:
Daily outlook is long until a D leg completion.
