EUR.AUD - BULLISH CYPHER SETUP - 1.4544
On the EUR.AUD 4hr 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 1.4544 & 1.4400
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 at around 1.5000
Stop loss would be placed below X leg structure support.
Target 1 - 1.4752
Target 2 - 1.4883
The price reversal zone on this pair is between 1.4544 & 1.4400
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 at around 1.5000
Stop loss would be placed below X leg structure support.
Target 1 - 1.4752
Target 2 - 1.4883
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