14th post FX:AUDNZD Any comments and suggestions are welcome. Potential Cypher Pattern forming on the 1h charts. Of course, it is still very early to say, but if we get a D leg, it could setup for a nice trade.
Hello my Friends, Errol here...... In the comments below will be a link to my video that I just uploaded regarding this pattern and another one
Hello, Errol here..... Here we are looking at a possible Bullish Cypher pattern setup as well as a Possible Bat pattern setup. NOTE: I will take the Bat pattern instead of the Cypher pattern only if we see that C leg Completion of the bat pattern setup. So the Bat is just something to look at. See my video link in the comments below :) Good trading out there!
Slightly overrun cypher pattern, but still enter the trade as this only makes a better risk/reward ! There is a level of resistance that has hopefully been hit, as indicated on the black line. Fundamentals If this cypher works out then it will be based on a relief rally after the awful data from the ECB.
bull cypher entry @ 126.28 at a better entry now good luck
There are 3 potential patterns here, 2 bullish and 1 bearish. good luck
Watching for a good long entry. Initial estimated target is little less than 1.1200.
Not a pair in my portfolio but this is one that Jason Stapleton talked about in yesterday's WarRoom Meeting. Initially he was looking at a potential bullish 2618 opportunity, but we now also have a potential bullish Cypher pattern completing in the same killzone. Syndicate members, remember that there in no Warroom this morning but you do have access to both our...
Hello Traders, We have gotten a completion of a bullish cypher pattern on this pair. Stops go under the key round number of 0.9000. I was able to get a little bit (about 12 pips lower) better entry point, which is why the labelling of the entry point is bit below the 78.6% level. See the chart above for more details. Please feel free to AGREE or DISAGREE with...
Market turned south after hitting my trendling ending in a Three drives pattern, and is inching in on a potential D-completetion of a Cypher on the AUDUSD. I managed to catch the top of the three drives, and am approaching my target2 a little above the D-completion. Hoping to ride this one back up again. Always conduct your own analysis before placing a trade.
So we have the start of a Bullish Cypher IF we see a rise up to point C this will bring us in line with previous support which could turn ressistance. Point D also falls in line with previous levels of support Will wait for price to get to point C to get short
Hello, Errol Here... In the comment I will share 2 links with you of which 1 of them will be my Weekly forex Forecast and 2 will be a video I did on how to trade the Cypher pattern. All the rules and what I use to determine stops and targets. Dont miss these videos so check the comments below
Hello, Errol Here... In the comment I will share 2 links with you of which 1 of them will be my Weekly forex Forecast and 2 will be a video I did on how to trade the Cypher pattern. All the rules and what I use to determine stops and targets. Dont miss these videos so check the comments below
Potential Bullish Cypher with Entry @ 2.0255 there is too much Risk for me to take the pattern at the entry point...I'll have to adjust my entry to 100 or less risk Good Luck
So currently been in a very bullish trend over the last week, this will see us coming up into some previous support levels which could act as resistance and see us form the C to D leg. If this happens D is right at the point where this area twice acted as resistance which in turn could turn to support
IN THE COMMENTS BELOW IS A LINK WHERE I SHARE THIS PATTERN MORE IN DETAIL
IN THE COMMENT BELOW IS A LINK WHERE I SHARE THIS PATTERN IN MORE DETAIL WITH YOU