On the AUD/USD 4h chart we have a potential long opportunity at the D leg completion of a Cypher Pattern.
The price reversal zone on this pair is between 0.7098 & 0.7080
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed below X leg structure support.
Website.
www.UKForexSignals.com
The price reversal zone on this pair is between 0.7098 & 0.7080
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed below X leg structure support.
Website.
www.UKForexSignals.com
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False break...
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