+++Follow & Like+++I'm looking at a potential Bullish Cypher Pattern on 15M on GBPUSD. Stops below swing lows on 1H and targets are conventional. Entry @ 1.2935 Stop @ 1.2915 Initial Target 1 @ 1.2962 Initial Target 2 @ 1.2980 Good Luck!
What do you think about Solar City...good to go?
GU is coming back, we do not know how strong is coming, could break the down trend or be rejected
The EURAUD pair have completed a Bullish Cypher pattern at 1.4662. It also finished completion at support, as well as the lower edge of the price channel.
Another NZDUSD advanced pattern setup! Bullish Cypher pattern. See chart for trade details. Good trading, Luke
Make sure to keep this one on your watch list, here we have GBP/AUD on a 4h chart with a bullish cypher. The measurements for a valid cypher are detailed below. B: 0.382 - 0.618 C: 1.272 - 1.414 X to D: 0.786 I will be going long from around 1.69200 if we make a higher low at our D point, only time will tell. As always feel free to share any complimentary...
Reading the chart After the 1.272% extension of X-A being capped by the channel, the cypher completion should be around 1.2989. However, the bottom of the channel is a little bit lower and aligns with a monthly/yearly support. So I'm looking for a PRZ between 1.2989 and 1.2931. With that said the risks of this Cypher setup can be lower than it normally would...
Long trade: Active Targets: 38.2 - 1.32327 61.8 - 1.33137 Stop loss: Below previous structure
We have another cypher on Mr.Peso again the first cypher did not complete. This cypher is coming off a Perfect ABCD pattern. So it will retrace to at least the the 61.8 lets see if comes down to our 78.6! If it comes down to the 78.6 i will be getting in this trade aggressively. These patterns are extremely accurate. My entry point will be at 18.22362 a little...
for those looking for a reason to get long on this pair. maybe this is it. entry @ .7251 trade your plan. good luck and as always any and all comments are welcome
Bullish Cypher pattern on USDCAD H1 timeframe. Entry: 1.30760 Stop: 1.30170 1st target: 1.31310 2nd target: 1.31700 If you like this trading style and want to learn it yourself, I suggest reading a little book called 'Trade What You See' by Larry Pesavento. That is a great starting resource. Luke