Oztrade

BEARISH CYPHER BAT - EURAUD - 60M

FX:EURAUD   Euro / Avustralya Doları
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Hi All, another pattern setup here on EURUSD - Good looking opportunity for a shorting position here - if we see an AB=CD completion putting this right in the area for our pattern D completion - and if you also look we have the even handle 1.61000 - we have seen a break and close above the C leg on the BAT and Break above but not yet closed above the C for the Cypher. Keep this on your radar as we push into the high towards out D completion which should present signs of the reversal when we test these levels. Happy Trading. And if we fall the other way there is a small Bull Cypher.
Feragatname

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