Potential cypher in AUDUSD 15m chart.
Rist reward of 0.76 for first target.
Need to break previous support at 0.7353 or won't fill.
Sell Limit @ 0.7373
Stop loss @ 0.73943
First Target @ 0.73574
Second Target @ 0.73475
We have a potential bullis pattern completion right at 1.25091 GBPUSD 1h, same level as previous resistance.
Target 1: 1.2610
Target 2: 1.26736
Probably won't take this trade because 125 pips of stop loss is too much for my stomach.
Cypher pattern completion just at the second target of the previous bat pattern, red line indicates de 0.618 retracement of the A to D leg of bat pattern, green box will be the killzone to get short.
Completion at: 0.74706
Target 1: 0.74553
Target 2: 0.7447