TomHall

GBP.AUD - Bullish & Bearish Opportunities

FX:GBPAUD   British Pound / Australian Dollar
On the GBP.AUD 1hr chart we 2 potential trade opportunity's at the D leg completion of a Bullish Cypher & Bearish Bat setup.

Bullish Cypher Setup ( Blue ) - D leg completion 1.5927
Target 1 - 1.5995
Target 2 - 1.6038

Bearish Bat Setup ( White ) - D leg completion 1.6182
Target 1 - 1.6066
Target 2 - 1.5995

Bullish Cypher Setup: Stop loss would be placed below X leg structure support .
Bearish Bat Setup: Stop loss would be placed above X leg structure resistance .
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Sweet setup Tom, cheers mate!

Luke
+1 Reply
TomHall lukeboland
Thanks Luke much appreciated.
+1 Reply
Very good setup, agree 100%
+1 Reply
TomHall WyFotso
Thanks very much, i hope everything is going well your end.
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