I still see weakness in the kiwi and strength in the yen keeping aside a BOJ intervention, atleast till the leg C down.
Due to AUD potential weakness in the near term and with the yen still holding strong before the BOJ intervenes, I still see underlying strength with the yen.
Simple bearish cypher in a downtrend with a 100 EMA candle rejection, entered at market bit higher than the normal entry point for the cypher. Keep it simple, and focus on the process Twitter: @JeanC680 Jean
Bearish cypher is setting up on AUDUSD on 4H timeframe Orders have been placed in anticipation of completion and then a move downward
Hi there all my Forex Trading followers! Here we have 2 very nice possible bearish patterns setting up. The Bigger pattern which will be a bearish cypher pattern. The smaller pattern which will be a possible bearish gartley pattern. TIP: Markets tend to go to the bigger patterns ( Thats according to my backtesting). Good trading :)
AUDCAD short setup (potential cypher pattern)
FX:USOIL Safe Trades;
Hello traders, I hope you are all enjoying your weekend off! If it breaks the bullish wedge I will look for buys , for now I am more incline to bearish camp so still looking for sells. Remember to use good MM. Trade carefully. Thank you for your support. www.tradingsignalreviews.com
Trading Criteria: FCX hits 14.50 or Above Potential Risk/Reward 1:4
+++ Don't forget to LIKE & Follow+++While I was doing my analysis I found that potential Bearish Cypher Formation on 15M, GBPUSD. Entry @ 1.3127 Stop @ 1.3152 Initial Target 1 @ 1.3105 Initial Target 2 @ 1.3092 Good Luck! -Alex Professional Currency Trader Download my Free Ebook & transform your trading Today! ow.ly If you'd like to see more good trading...
SUMMARY: The USDCAD pair bounced slightly during the course of the day on Wednesday, using the 1.3037 level as support. At this point in time, the market is looking bearish. The primary trend of USDCAD is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 50 day SMA that are...
There is a bearish Cypher setting up on the 4 hour. I'm looking to get short around 1.1125 with my stop around 1.1160. I'm looking to take my target to 1.0958. There looks like a Bullish Gartley setting up as well. It completes at 1.0970 or 1.09578 depending on if you use 1.27ext or not. Again, I personally would like to give my self as much room as possible, so I...
Just a little food for thought... 4HR cypher pattern hidden behind a blatant H&S pattern. Any takers?
I just recorded a free video on the cypher pattern rules. It shows you step by step how to measure it out and trade it properly. You can check it out here: www.youtube.com
+++ Don't forget to LIKE & Follow+++Price is setting a potential Bearish Cypher Formation on 15m, EURUSD. Entry @ 1.1107 Stop @ 1.1136 Initial Target 1 @ 1.1082 Initial Target 2 @ 1.1066 Good Luck! -Alex Professional Currency Trader & Owner of www.beaprofitabletrader.com If you'd like to see more good trading ideas from me, click the "Like" button! You can...
SUMMARY: The USDCAD pair bounced slightly during the course of the day on Monday, using the 1.3050 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bullish on charts and price is trading below its Resistance trend line in its 4 hourly chart. In its daily chart the price is sustaining above 200 day SMA that...