USOIL Bearish Cypher +Divergence +Fib resistance +Stochastic USOIL crude has a confluence of quite a few bearish indicators. In the H4 and daily we see the near completion bearish cypher, along with bearish divergence to the RSI in the H4, stochastics looking tired in overbought territory and Fib resistance 0.5 of the decline from october 2015 high and 0.38...
I keep milking this pair like a cow that's in my barn.... Well, I think I've had like, 3 trend continuation setups all week that fit my rules, all of them worked out and were profitable. I don't see the downtrend ending anytime soon.Let the good times roll. All we need is a reason to get involved. Hitting and running on this pair has been working out. Yet...
Pain free targets on our Kiwi trade from last night however we're now faced with an interesting dilemma as we inch closer to our bearish Cypher Formation completion point at 6793. In last night's video we looked at a handful of potential opportunities, but took a closer look at NZDUSD. Not only did we have the bullish Gartley Formation, but when doing our...
Possible EURAUD bearish cypher, good luck!
16th post Any comments and suggestions are welcome. Cypher Pattern about to complete on the 4 hr charts. If the D leg hits, the trade will be valid.
I am currently watching the GBPAUD on a 15 minute chart. If price rises to 1.95050, a bearish cypher pattern will be completed signaling a short move. Sell: 1.95050 T/P 1: 1.93695 T/P 2: 1.92840 S/L:1.96034
Finally, price broke out of the consolidation, and hit my D completion of this Cypher. It is at market right now, and putting in what might be a double top as well. Always conduct your own analysis before placing a trade.
potential bear cypher entry @1.5327 make sure to check your data for the "B" and "C" leg. Make sure it doesn't close above the .618 for B and make sure it hits the 1.272 on the C. Good Luck
Potential bear cypher entry @ .6697 good luck, any and all comments or likes are welcomed thanks Ron
bearish cypher entry @ 114.04 I personally wont be taking this at the entry, to much risk for me. I will be looking for another reason to enter with a better entry point, hopefully it'll give me that chance. Good Luck
10th Post. FX:GBPJPY Any comments and suggestions are welcome. This on my 4 hour watchlist; Potential Cypher Pattern forming. We have a valid C leg, but this is still an early one to call, but worth keeping an eye on it.
Good luck Traders
There are 3 potential patterns here, 2 bullish and 1 bearish. good luck
On the EUR.AUD 15 min chart we have a potential short opportunity at the D leg completion of a Cypher Pattern The price reversal zone on this pair is between 1.5378 & 1.5400 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. AB-CD completion just above the Cypher pattern at 1.5384 161.80%, 88.60% &...
7th Post. FX:CADJPY Any comments and suggestions are welcome. Let me know if you guys agree or disagree. Potential Bearish Cypher Pattern forming on 4h charts.
We have had out x to A leg and A to B leg form. looking for a buy in and around the 157.052 level, looking back this was a level of support all teh way back in Nov 2013 and price rose from this level which bodes well for a potential rise and completion of the C to D leg. Point D would bring us back in line with some more recent level of support that was broken,...
Bearish Cypher pattern @ $77.90 Stops at $89.60 Target 1 @ $67.825 Target 2 @ $61.575