I hope you all are doing great!
GBPAUD has been making quite a lot of waves in the recent past, both on the 1h and 4h TFs.
Previously, I had managed to find a 'Gartley' on the 4 hourly but missed entry due to force majeure.
Now I have a 'Cypher' on the 1 hourly chart.
Entry at D point completion and, although the SL should be kept above X, as per setup, I highly suggest keeping it above any of the previous 2 highs before X.
As for TP, it can be set near points C or A, ultimately at the 127.2 XA extension if held.
Take care, trade safe and stay dandy!
Note: The information created and published here is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors.
GBPAUD has been making quite a lot of waves in the recent past, both on the 1h and 4h TFs.
Previously, I had managed to find a 'Gartley' on the 4 hourly but missed entry due to force majeure.
Now I have a 'Cypher' on the 1 hourly chart.
Entry at D point completion and, although the SL should be kept above X, as per setup, I highly suggest keeping it above any of the previous 2 highs before X.
As for TP, it can be set near points C or A, ultimately at the 127.2 XA extension if held.
Take care, trade safe and stay dandy!
Note: The information created and published here is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors.
Anyway, there is further build up, will post soon.