3hr
XRPBTCRIPPLE / BTC
After breakout the triangle we have the decisive point that determines how the market will behave. If the consolidation continues at the level before the end of September, then at one of the points we will see growth at large levels of Fibonacci i show below the chart.
USDJPYUSD / JPY 3 hrs
As we know, the GAP has a property to be filled. It often happens instantly, but there are exceptions of the rules.
Cypher Completed. Watch Price ActionHi Traders,
After a great return of profit this week on the USDJPY, we may now be preparing for a down trend after the completion of the Cypher pattern. Watch price action @111.245.
Target:
T1@ - 38.2% - 113.263
T2@ - 61.8% - 112.655
Rules for this Cypher:
CYPHER
Measure XA
Find:
Point B
At least 38.2% XA
(must close below 61.8%)
Point C
At least 127% XAX
Fib Retracement
(must close below 141.4%)
Point D
78.6% XC
Profit
38.2% CD
61.8% CD
