good day everyone here we see a cypher pattern formation targets and ratios as per the showing happy hunting
Got a potential Bearish Cypher Pattern on the 15min chart here. Will keep an eye on it, and if completed, I will roll my stops down to break even if the 0.382 fib is met, and then shoot for the 0.618 to try to get that better than 1:1 ratio.
Hi Trader, There is a bearish cypher pattern setting up on Euro with D leg completion at 1.06960. The spike during Asia today nearly made it to the completion point, but not quite, and we're still waiting for the trade. See below for the entry and exit prices. Entry: 1.06940 Stop: 1.07550 Target 1: 1.06330 Target 2: 1.05900 Hope this helps! Good trading, Luke
Cypher pattern bearish short 84.37 SL 84.61 targets 84.14, 83.99
Almost in a position of a huge downtrend , watch closely for breakouts around the 83.280 level. Please comment if disagree & Like if you agree. Thank you & Goodluck!.
Hi traders, there's a cypher pattern completing at 0,7121s, right at previous daily support, that could become resistance in a downtrend. That's seems interesting. Keep an eye on that. Stop loss above x and targets as usual. Good luck in the markets!!
sell @0.99010 strong weekly resistance at 0.99 (red line) providing upside protection.
Hi guys, today we have two advanced patterns on the 1hr chart on EURCHF. The analysis starts from higher timeframes. As you can see in the 4hr and daily chart, we recently broke and closed below a daily resistance level. Now that we're retesting that zone we expect a bearish trend continuation; in order to catch that move we search for shorting oportunities in...
Cypher Pattern formed on this pair on 1 hour timeframe. We will be waiting for a better entry reason because risk is over 50 pips which is higher than what we would like to have. We might be looking at a double top. If pair does not form a double top, we will be cancelling entry orders.
Hello Traders, We got the completion for this cypher pattern a while ago and the market went past our entry point. I have entered at short at market price (as shown on the chart above), giving us a better risk to reward on this trade. Do keep in mind the Elections going on in US, which can create some volatile moves in either direction. Just stick with your plan...
This could be a possible Cypher Pattern if retracement hits 0.786 of X and C leg. I an still learning the patterns and any help would be good just to let me know i am doing this correctly
Possible Bearish Cypher completion on its way. Pair might also be pulling a Bullish Bat.
Hi Traders, There is a bearish cypher set up on GBPUSD with D completion at 1.22790. How I trade this setup: Before entry: 1) I place my sell order a few pips below the D completion point (to cover the spread and ensure entry). 2) My order has a stop loss placed 10-15 pips above the X point. 3) My order has target set a few pips above the 61.8% retracement of...
I just put out a video showing my analysis of my entire FX trading portfolio. It illustrates, how you can manage and swing trade a 6 pair portfolio while only needing to spend an hour or so on the computer doing analysis. Here is the link to the video. youtu.be In the Video i also break down this potential setup on the GBPUSD. We have a bearish cypher pattern...
If price go up well and complete the pattern we see a cypher pattern. HOPE IT WOULD HELPFUL!
We have a bearish cypher and a gartley pattern forming here. Sell cypher @1.01145 and sell gartley at 1.0081. The cypher pattern has very strong resistance above X for stops (see higher time frame) which make it a great opportunity to sell. Furthermore, this gartley pattern has a great Risk/Reward ratio as D completes way up near X so stops will not be too far...