1. a bearish cypher 2. rebound to near 123+ former top 3. usd may face "sell the fact" after fed 25bp hike sl:123.70 sp:121.80/121.20/120.30/118.80
Bearish Cypher has been completed in AUDCAD giving decent risk/reward profile. You should notice that price has just break through a descending trendline, so it seems that trend is really up. This is a countertrend trade, so you should TRADE WITH CAUTION! Short @ 0.99375
entry @ 1.6780 good luck!!! as always any comment, likes, etc. (good or bad) are welcome
A trend continuation trade lining up on the GBPUSD with a bearish cypher pattern presenting itself as an entry method. The advanced patterns D completion point comes in at previous structure which has been tested numerous times giving us a stronger reason for getting short. First targets here could be at a retest of the structure lows looking for the fib extension...
A nice short opportunity on the EUR/USD - bearish cypher is almost complete. The risk vs reward is also decent. Let me know what you think in the comments below.
Price has pushed beyond the B-leg to hopefully complete a bearish Cypher pattern. The market is generally trading downwards on this pair, which gives me even more confidence on this one as it is in the direction of the underlying trend.
Hello traders! Here is a very nice big cypher pattern on FX:GBPUSD Our entry point is almost ready to be launched with very nice R/R. Our stops should go below the red zone and our targets will be fibs 38.2 with a very strong confluence of structure level and 61.8 with very nice structure levels. This is a very great opportunity for bears! ------- Green Luck Avto_T
Trade Management Pattern: Cypher Symbol: GBPJPY Date: Tuesday, 17th of November 2015 Timeframe: 60M Entry-Point: 187.31 (Limit Order) Stoploss: 187.72 Take-Profit 1: 186.72 Take-Profit 2: 186.44 Description: The GBPJPY pair experienced a bull market and found resistance at the 187.50 level. Therefore the Trading Idea is a high probability trade. Target 1...
Potential Bearish Cypher pattern on Gold Hourly completing at $1,102,47. The lower chart takes a look at the higher timeframe (240min) where previous structure support turned resistance rests along the same area as the potential Cypher pattern. No Live Room on Monday's but usually this would be the type of situation where we zoom down to the lower timeframes and...
This pair will likely close with a daily Engulfing Candle so this down move may only be a retrace before continuing higher...Good luck!!! 40+ pips to target KEEP THE RADARS UP!!!
Coming off a massive week in the Syndicate it’s somewhat refreshing to have only taken a single trade this week. Well two if you count the AUDUSD Bull bat that just filled a few hours ago (60min). Either way a slow week often means that there are a lot of potential patterns going through there setup legs and the EURUSD is a prime example. Three potential...
Hello Traders, We just got the completion of a valid bearish cypher pattern on FX:SPX500 . Market is right at the completion point of this pattern. The risk to reward for 1st target is one to one. See the chart above for more details. Please feel free to AGREE or DISAGREE with this idea by leaving a comment below. Hit that thumbs up button (top left corner...
Hello Traders, For the past 6 weeks, FX:USDJPY is in ugly consolidation phase. Within this consolidation phase we are getting a potential valid bearish cypher pattern that is close to the completion point. Looking at this pair on the 4 HR chart, we see this market squeezing further into a wedge pattern. We have gotten 2 false breakouts out of the wedge...
USDJPY is forming a possible Bearish Cypher pattern, potentially ending in the territory of an optimal Wolfe Wave SELL zone. If price reaches this level I would expect a quick reversal as this area is highly confluent with multiple key levels of interest. Stop loss can be placed above S/R with a target at .382CD. Confluence in the PRZ: 1. Bearish Cypher...
Hello Traders, Here we have a VALID BEARISH CYPHER PATTERN on FX:GBPJPY , that is close to the completion point. Do keep in mind that the major trend direction is BULLISH on the Daily, Weekly, and Monthly charts. This cypher pattern has been created after breaking the previous resistance level (LH). This is a good signal of POSSIBLE trend change back to...
Looking for potential Cypher Pattern completion at 1.13387. Putting stops 20 pips above X at 1.13827. Target 1 & 2 at .382 & .618 Fibonachi retracement. 2.59 risk/reward at T2. Rolling stops to break even if we hit T1. Don’t forget to add a little cushion for the spread. Plan your trade and trade your plan.
WE HAVE TO BEARISH CYPHER PATTERN COMPLETIONS HERE. THE BIGGER ONE IN GREEN HAS ALREADY ACHIEVED TGT 1 AND MISSED OUT ON TGT 2 TO BE TAKEN OUT AT BREAK EVEN. WE HAVE ANOTHER SMALLER CYPHER PATTERN COMPLETION YELLOW THAT IS MUCH MORE VISIBLE ON A H4 TIMFRAME. STOPS ABOVE THE X LEG TGT1 0.382% TGT2 0.618%
Bearish Cypher Have also closed iit's gap Be careful though! It's my experience that Harmonic is a bit more loose and unpredictable in Biotech. I'm in it right now Ending the day with a hammer candlestick...bullish. Sorry for the fib and Ma mess... forgot to clean it up before publishing.. Hope you get the picture though! TWUC @BLawrenceM Follow me on...