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BUY when price hits the PRZ with: TP#1 = 38.2% retrace of CD TP#2 = 61.8% retrace of CD
We're looking out for EURCAD turnaround as buyers step in. Will the break out happen on the 20EMA bounce or only after a complete cypher? In either case, we're available for a LONG trade Cypher formation Point B - price retraces X, crosses 0.382 but not 0.618 Point C - price extends XA up to 1.272 Point D - we'll see if price retraces XC to 0.786 #Follow ...
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Around 807x USD Cypher pattern will be formed at 4h chart and double bottom will be formed at the same level on dailiy. I hope both patterns work and price go above 9000 usd after that.
We've probed this trade a bit when it didn't find 50EMA support - LONG CYPHER? Point B formed when price retraced XC and closed past 0.382 & closed before 0.618 Point C formed when price extended XC and closed past 1.272 but not beyond 1.414 We have a valid CYPHER if point retraced XC down to the 0.786 region, in which case... Limit order at at ~ NZD...
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looking at price action on comcast from the election in 2016 on the daily time frame. I have plotted a bullish cypher which price has obeyed pretty well. This is not the best of the patterns in terms of R/R, but thats why its our jobs as traders to understand that and position accordingly. My game plan is to get long here under todays high if possible and...
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Point A, B and C all established in this bullish cypher, but where does D go ? IOSToken has been trading well, a nice low coin which if shoots could give some good return. Except pump n dumpers jump in, trading activity is quite good? Yellow or Gray cypher - your thoughts? @bizlus
GBPJPY Bullish Cypher attack Good luck
Hello Again! Here we go, let's wait for the D leg, on the retracement 0.786. TEST In the meanwhile, i will try something new, gonna make a trade, of the retracement from the C leg. Targets 1: 0.382 Targets 2: 0.786 Stop loss: right above the 1.414, where the cypher will get decline. RSI: Oversold.