Here we got a potential Bearish Cypher pattern about to complete on this sideways / uptrend madness that nobody wants to trade, but thats what patterns do best! Lets look out for the RSI to go over bought and then we sell like there is no day tomorrow! =D The offer on an entry to the Advanced pattern trading room here on TradingView is still open so please PM me...
Looks like SIVR may be hitting a low risk buy point. 1. At the Support line 2. Symmetry of time from low to low. 3. Cypher pattern completing at the 786 4. Gartely pattern completing at the 786 5. Perfect ABCD pattern 6. Oversold on Stoch 7. RSI bottoming out
UPDATE #2: Target #2 achieved, Good trade overall :) UPDATE #1: Target #1 achieved, stop loss moved to breakeven !! Hello Traders, We've got a bullish Cypher Pattern that has just completed and the market is currently around the completion point, it's not the prettiest cypher but it is a valid one. This pair was able to break the 4 year weekly resistance and...
Good day all, Here we are looking at a Bearish Cypher pattern that completed and are now ready for entries. The main trend line here is a Bearish trend and we are sitting now with a Bearish Cypher pattern. RSI is at extreme overbought conditions and we are sitting at overbought +- 80.0 level. We aslo have a shooting star at ARROW A and a Doji Candle at ARROW...
WE ARE ALMOST AT THE COMPLETION OF A BULLISH CYPHER PATTERN. D LEG NEEDS TO COMPLETE AT A 0.786 FIB LEVEL TO COMPLETE PATTERN
AUD/USD - 60m Chart - Cypher Pattern Here now on the 60m chart of AUD/USD we have a nice Cypher Pattern setup. We are on the 1h chart so this is some time yet from completing, however it is more beneficial to be 1 step ahead at all times. We must see a completion at D leg ( .7783 ) before any short entry is triggered. - SL must go above X - Target 1 at...
A potential short opportunity at the completion of a bearish cypher which is the 0.764 retracement of the XC leg. Stops need to go above X. TG1 is at the 0.382 retracement from C to D. TG2 is at the 0.618 retracement from C to D
Hi everyone I posted the first pattern (blue) few days ago, it seems to be in a progress so far. But we should also consider the trendline that are closing in which could lead to a potential downside trade or a confirmation for the blue pattern. Secondly, we have a cypher pattern (red). I will be updating along side as the market makes moves. Lets see and Good Luck
Here we got yet another of our simple patterns, going short on yet another trend continuation trade, look out for RSI is going oversold - so watch price action from now on. Price action made a double bottom so we are looking to catch a retracement and there for only got 1 target. If you have been following me and have followed our track record of now 631 pips...
Here we got a trend continuation trade with a Cypher pattern as our entry, RSI is going oversold soon if the retracement keeps moving higher up into our sell area. If you have been following me and have followed our track record of now 631 pips since the first of June and 11 winners in a row last week, and you are a pattern trader yourself. I would like to make...
My idea is based on Grey boxes are kind of AB=CD which is complete, so this is rather good signal for short here. Additional odd is confluence with 1.618 fibonacci level . Another odd is potential Cypher harmonic pattern (brown) to be complete, and - when completed - long from D point. Orange is potential butterfly harmonic pattern, but do...
Potential bullish cypher on XAUUSD with Previous support (double bottom) and indecision candle.
A potential Cypher pattern completion in confluence with previous structure levels. I would love to hear your opinion, feel free to comment, agree or disagree. ----------------------------------------------------------------------------------------- Always wanted to connect, learn and help one another throughout your trading journey? Join our community for...
Hi everyone last week we traded two patterns on GBPAUD and both reached their target(s). The last pattern reached its target as well and the price reversed after that. The price might be at a previous resistance. Lets see if it comes down towards 1.998. I appreciate all the comments and likes, new charts will be posted soon :) Good Luck.
Hi all, GBPUSD looks quite interesting in terms of harmonic patterns. There is really big bat (purple), which was complete (at least to B point - see purple line). There is also Cypher pattern (blue), which is ongoing. And there is also another pattern - potential bat (red) - but everything depends on what price will do. Support/Resistance zones are...
Here is what may happen if the market breaks the key support level that I showed on the chart below. Well if one of those will occur (especially Cypher Pattern) then we may see a beginning of an uptrend.
A potential short opportunity at the completion of a bearish cypher which is the 0.764 retracement of the XC leg. Stops need to go above X. TG1 is at the 0.382 retracement from C to D. TG2 is at the 0.618 retracement from C to D
A potential short opportunity at the completion of a bearish cypher which is the 0.764 retracement of the XC leg. Stops need to go above X. TG1 is at the 0.382 retracement from C to D. TG2 is at the 0.618 retracement from C to D