This one is for swing traders.. As we can see there are two potential patterns yet to be formed. Why do I call it as "Potential patterns ", well as of now none of the patterns are near D point completion, so that's y its potential patterns. Just think about the advantage of it, We just don't care whether Nifty moves Up or Down from 7880's. Bcos We are Armed &...
when the price hit 1.489 cypher pattern completed. then it will be activated short setup
I am expecting a decline in XXX/JPY pairs in the upcoming weeks, We have a clear downtrend installed, we have a series of lower lows installed with lower highs, this pair may follow this trend for a week or so or more, We have a good structure zone at the completion level, expecting a false impulse to the upside and then an impulse straight down.
Hello! We might see a possible bearish cypher pattern setup as well as a bearish gartley pattern here. With my experience the markets tend to go for the bigger pattern setups. In the links below I will share with you links to my videos on how I trade the Gartley and Cypher patterns.
Disappointed that I to only see this so late in the game. EURUSD positioning still short giving a bullish bias to EURUSD, esp if EURGBP continues to rally. At the same time price is in the 1.1460-1.1220 fib zone for sell trade so there are two ways to play this. STRATEGY A Buy 1.1290 for a move into TP 1.1410 for 2.89 Reward:Risk. and 3x reversal below 1.1260...
Hello traders This pair has been following a strong down trend generally forming lower lows and lower highs. If price action can reach 1.2875 we can have a Cypher pattern completion. I will be looking to short here and following the bearish trend. Furthermore, we have areas of structure around this zone with support of trend line resistance. I will be keeping an...
Hi Guys, This is a CYPHER Pattern according to my trade plan. I like this particular setup because the 'X' leg is coming from a strong point of resistance which means I can have a more aggressive approach by keeping my stop loss pretty tight above the resistance area. This is a bearish CYPHER pattern @ 1.4835 and stop loss will be placed above the X leg which...
We expect to a have a retest of structure, then up to our previous resitance, and then hit our target :)
It looks like its consolidation day today, which mean´s pattern´s are forming. Here on the AUDCAD we got a Cypher formation at support turned resistance, we´ve got our stop above our resistance area, RSI is going overbought my PRZ are around 0,95853 Kind Regards Thomas Jeff
Just looking at the fib extentions and there is a possible reversal zone marked out could see a c to d leg if we get a bullish reversal and then a continuation downwards as the pair is still in a bearish trend overall
If we see teh C to D leg form will look to go short
Potential Bear Cypher with entry @ 1.8514 good luck
Hey guys! Expecting a reversal after the pattern completion.
The Cypher completes at 154.714 If it fits your rule go trade it. Hopefully this helped. Good luck
We got a Bearish Cypher which offers us better Risk:Reward compared to the usual ones we trade. Some may have noticed earlier and got into trade and if you haven't then here is your chance still valid to enter the Trade with lesser Risk. Choose your Stops and Targets wisely according to your Plan. Hit Agree if you like the Idea.. Share your views/opinions in...
potential bear cypher with entry @1.8806 I'm not an expert in any way, but looks like a head and shoulders possibly setting up also. if you trade head and shoulders would love to hear from you, to see if this would be one. good luck any comments, likes, etc. are welcomed