GBPAUD Setting up for a Bullish Cypher Pattern. Gotta have to wait and see where the D leg completes but optimally would be at the 0.786 retracement of (X-A). I will update the setup with SL/TP targets when price approaches and I know where the D leg has completed.
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Kommentera
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Woke up to a nice rally but didn't get the chance to catch it. I will catch it again, these were my initial TP and SL targets. Let's see if it moves back down
Kommentera
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Accidentally put this in the comments but potential Bearish bat can form which adds confluence for the Cypher pattern, also respects TL.