EUR.GBP - Bearish Bat & Cypher Setup - .8412 & .8405

On the EUR.GBP 15min chart we 2 potential trade opportunity's at the D leg completion of Bearish Cypher & Bat setup.

Bearish Bat Setup ( Grey ) - D leg completion .8412
Target 1 - .8388
Target 2 - 8372

Bearish Cypher Setup ( Blue ) - D leg completion .8405
Target 1 - .8383
Target 2 - .8370

Bearish Bat Setup: Stop loss would be placed above X leg structure resistance.
Bearish Cypher Setup: Stop loss would be placed above X leg structure resistance.

Bình luận:

Bearish Bat setup now invalid as price exceeded C leg

Bình luận:

Bearish Cypher setup is still valid if price reaches the D leg completion.