EUR.AUD - BULLISH CYPHER SETUP - 1.4380

3 янв. 2017 г.

On the EUR.AUD 1hr chart we have a potential long opportunity's at the D leg completion of bullish Cypher setup.

The price reversal zone on this pair is between 1.4380 & 1.4291
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 setup placed at the .382% and .618% retracement of the C to D move.
There is also opportunity to look for extended targets back into 1.4640
Stop loss would be placed below X leg structure support .

Target 1 - 1.4509
Target 2 - 1.4590

3 янв. 2017 г.

Заметка

3 янв. 2017 г.

Заметка

Price is now approaching D leg completion.

3 янв. 2017 г.

Заметка

3 янв. 2017 г.

Заметка

EUR.AUD - D leg completion.

4 янв. 2017 г.

Заметка

Bullish RSI Divergence

4 янв. 2017 г.

Заметка

A break and close above 1.4437 should be a strong indication of bullish momentum and a potential target 1 if this trade was taken.

6 янв. 2017 г.

Заметка

Price is now approaching target 1 if you entered at 1.4380