Bracketing the AUDUSD with a buy and sell position.

2618 setup is taken from the lowest 1.2515issh price handle. An aggressive short may do with SL above the double top. And We could also wait for a pattern Cypher formation. A good long opportunity for buying a possible retracement or could be TCT to the upside.

Comment:

The pattern is now completed at 1.2470. The 2618 setup in the chart is already invalid.

Comment:

SL would be just below the X point.

Comment:

TP 1 - 1:1 RR
TP 2 - 1:1.5 RR

Comment:

It must be the GBPUSD the cable, not AUDUSD. I am sorry.