Hilltop Holdings has formed a W-shape, which I thought would complete an 0.886 and become a Bearish Shark, but it has since given 2-3 PPO Confirmation Circles around the 0.786 retrace instead. In addition, it has confirmed a lot of RSI Bearish Divergence within this zone; for that reason, I see a strong possibility that this ends up being a Bearish Cypher instead...
ASML has broken below a trend line and confirmed it with a secondary weaker test and during this test we formed a Bearish Abandoned Baby, some MACD Bearish Divergence, and printed a Bearish PPO Volatility Circle. With all this confirmation at the potential Cypher PCZ, I'd say we have a pretty good chance of this Cypher playing out instead of the deeper .886/1.13 Shark.
BTCUSDT Bearish Cypher to Bullish Gartley Potential based on Fibs For fun and although technical, by no means have any bias for your own trading decision. Mid point play out for Cypher confirmation from B 0.5 Fib to C. C to D would be a 0.618 fib resistance level and 28,500 a natural known resistance. Bullish Gartley enter, X to A the Cypher C to D given D is...
BTC tried the Gann Square's arc and stagnated there for a while - the chart is developing precisely as we predicted . After the black swan summons the dragon, a cypher (.786) or a shark (.886) pattern is expected next. Usually, the chart rebounds approximately between 0.5 and 0.618, even when the consecutive pattern formation isn't inhibited. However, we...
Here's an example of a bearish cypher pattern that has just complete & is still trading within the killzone on the EURJPY.
As evident on 4Hr Time-Frame with formation of Bearish Cypher harmonic pattern UKOIL a reversal is possible. Seasonal Analysis shows JXY & DXY remain Bullish in January over 60% which have negative correlation with Oil. CXY on the other hand remain Bearish in January over 70% of times which indicates a low price of Oil. TPs can be set as per Fib Lvls...
The Defense Sector in general seems to be overhyped as if it expects earnings not to matter anymore but the PE/Ratios keep rising as if it's betting on the US to enter a direct armed conflict rather than reality which is that we are simply just providing old unused equipment to the Ukraine. I think in the near future the market will realize this and we will see...
EURUSD is on the verge of starting a sell-off. I am expecting in Impulse Wave in Minute C (red). The greenback (DXY) should be able to commence a Bullish Retracement. EURUSD under pressure. My Euro-Dollar Technicals: * Ending Diagonal in Intermediate (C) (white) * Complex Double Three Correction * Hidden Bearish Divergence * Harmonic Pattern: Bearish Cypher in...
We have Bearish Divergence at a Bearish Cypher PCZ and right now the calls are super expensive so i will be buying some slightly OTM FEB Calls and selling some deep ITM APR Calls for a net credit. My main target is $115 but much lower is probable.
Analysis of #EURUSD Hi traders, today we will have a look at #EURUSD Looking at the daily chart I saw we have two harmonic patterns on the EURUSD, as you can see on my chart, and this may be why the EURUSD was unable to continue to the upside. keep in mind we are going to enter a long holiday break, and it i is not recommended to be in long-term trades. I...
Hi supporters A Cypher Bearish pattern is forming in timeframe 1M (X: Dec 2014, 94.049; A: Jun 2016, 69.232; B: Jul 2017, 83.910; C: Mar 2020, 59.490; D: Nov 2022, 87.456). If bearish Fibonacci traders dominate the market, we could find short opportunities in coming months. Cypher Bearish structures have appeared two times in Apr 2022 and Jun 2022. Stop Losses:...
Hi traders, GOLD i am expecting from price to come around our mentioned pattern completion area and looking price action on the top for a short position opportunity for a short term trade setup GOOD LUCK.
Hi traders, AUDUSD is setting up for a downside move i am expecting from price to come around our mentioned pattern completion area and looking price action on the top for a short position opportunity. Trade with your own according strategy GOOD LUCK.
Hi traders, GBPAUD if pullback and go to our mentioned pattern completion area then we will be looking on the top for a short position opportunity otherwise it can go directly to the downside without a pullback so trade with your according strategy do not depend on my analysis, this analysis is just a scenario and i would love to be wrong GOOD LUCK.
We may see it spike up to the .886 Area but overall I think we are looking at some Bearish Cypher activity on the Dominance of the USDT today.
Cypher Patterns are a great way to spot entry points, with any given trend. Cypher advanced formation is the most accurate formation among all advanced formations. It is about 70% accurate if identified correctly. In this case, I believe that GBPJPY is creating a BEARISH Cypher Pattern. At the point we are at, right now,(166.00) i see GBPJPY reaching my TP2 of...
Hi Traders, Investors and Speculators 📉📈 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 In today's analysis, we'll look at a different way to speculate the next immediate price action of an asset : the...
The fiber has created a bearish cypher in h1 chart and now it is going to have a pullback towards the 200-hour simple moving average. Then in the larger picture we can notice a ranging trading where the price has created two false breakouts below the support line, as soon as the price reaches the 200-hour sma we should consider a possible rebound because the...