Cypher
#DXY Weekly Analysis: Cypher Pattern Over Extended Price ActionTraders, DXY (Dollar Index) has been dragging its feet and pushing itself up without any retracement. It is behaving exactly like EURUSD but in opposite direction. We now have a cypher pattern completing too which can give us a very good Short entry. We must wait for a bearish confirmation and enter a short.
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GBPJPY Long (120 Pips) Cypher/Short (180 Pips) Structure BreakHi Traders, GBPJPY has 2 opportunities right now. One is Cypher Pattern play for long positions which can give us 120 pips. Then we have break of structure play downward which can give us 180 Pips. We need to be careful as this is weekend and we have news expected. We should have stops wider in such cases if we want to jump in.
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EURUSD - Selling Right at the Top@1.1500 - What Next?Happy to sell at the top@1.1500 with 2nd Gartley on 7th Nov 2018. Potential Bullish Cypher next if 1.1335 -1.1355 zone holds as support which is PRZ (Potential Reversal Zone) of Cypher Pattern
Target 1 zone - 1.1445 -1.1450
Target 2 - 1.1500 (Top of the Pattern)
Target 3 - 1.1600 - 1.1625 (Valid only if holds above 1.1500 mark)
Last Published Idea as of 6th Nov 2018
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Weekly market preview video analysis In this video analysis besides video analysis I also give some insights on how to correctly draw Bat & Cypher pattern as well as how to find their key points (legs). Watch the video and prepare yourself for an upcoming week and also add some weapons to your arsenal on how to find harmonics to get several confluence confirmation signals to take an confident action on war against losses
Potential Cypher, Bat & CG Pattern on EURUSDWell for those of you that trade the EURUSD, you have probably noticed that it has been consolidated these past couple weeks. Now if you are a trend trader, this has been an issue for you. But if you are like me, (an advanced pattern trader) you have been loving the consolidation, and in this video we cover 3 potential patterns that are setting up on the EURUSD, including the new CG pattern.
EURUSD - (NEW TV-Video Test Showing Potential Bullish Cypher)Hey traders wanted to show you a potential bullish cypher formation that is setting on on the $EURUSD. No long description needed this time since this is a video and I can talk to you guys, but please leave some comments about what you think of the video. I've been helping Tradingview beta test this new feature so I'm sure they would love to hear about the quality of audio, visual, etc. Thanks in advance and I wish you guys a successful week of trading!
Akil