AUDUSD - PATTERN CONFLUENCE

2016년 12월 7일

There is a Bullish Bat and a Bullish Cypher pattern with D leg completions in a very similar area on AUDUSD H1 timeframe. Both patterns will complete just below 0.74. Fibonacci levels have been left off the chart are it would be very confusing and overlapping with 2 patterns so close together.

Bullish Cypher

Entry: 0.73990
Stop: 0.73600
Target 1: 0.74330
Target 2: 0.74575

Bullish Bat

Entry: 0.73860
Stop: 0.73600
Target 1: 0.74260
Target 2: 0.74520

Luke