NZD/JPY Long Term - Possible Bearish Cypher PatternI still see weakness in the kiwi and strength in the yen keeping aside a BOJ intervention, atleast till the leg C down.
Bearish Cypher
Long Term view on AUD/JPY (Bearish gartley/Cypher pattern)Due to AUD potential weakness in the near term and with the yen still holding strong before the BOJ intervenes, I still see underlying strength with the yen.
Bear Cypher EMA TestSimple bearish cypher in a downtrend with a 100 EMA candle rejection, entered at market bit higher than the normal entry point for the cypher.
Keep it simple, and focus on the process
Twitter: @JeanC680
Jean
Bearish Cypher on AUDUSD 4HBearish cypher is setting up on AUDUSD on 4H timeframe
Orders have been placed in anticipation of completion and then a move downward
FOREX TRADING: 2 POSSIBLE BEARISH PATTERNS SETTING UPHi there all my Forex Trading followers!
Here we have 2 very nice possible bearish patterns setting up.
The Bigger pattern which will be a bearish cypher pattern.
The smaller pattern which will be a possible bearish gartley pattern.
TIP: Markets tend to go to the bigger patterns ( Thats according to my backtesting).
Good trading :)
USDCAD Roadmap For Second half of 2016Hello traders,
I hope you are all enjoying your weekend off!
If it breaks the bullish wedge I will look for buys , for now I am more incline to bearish camp so still looking for sells.
Remember to use good MM. Trade carefully.
Thank you for your support.
www.tradingsignalreviews.com
GBPUSD - Bearish Cypher+++ Don't forget to LIKE & Follow+++While I was doing my analysis I found that potential Bearish Cypher Formation on 15M, GBPUSD.
Entry @ 1.3127
Stop @ 1.3152
Initial Target 1 @ 1.3105
Initial Target 2 @ 1.3092
Good Luck!
-Alex
Professional Currency Trader
Download my Free Ebook & transform your trading Today! ow.ly
If you'd like to see more good trading ideas from me, click the "Like" button!
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Forex Market Analysis and Trading Tips 21st July 2016 (USDCAD)SUMMARY:
The USDCAD pair bounced slightly during the course of the day on Wednesday, using the 1.3037 level as support. At this point in time, the market is looking bearish. The primary trend of USDCAD is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 50 day SMA that are appears on the above image indicating downtrend of the pair. It is having an important resistance at the level of 1.3075 Support at the level of 1.3037. If it breaks its support level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.
INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming negative trend in the pair.
STRATEGY:
USDCAD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.
Thank you for reading guys, I am humbled by your response to my ideas and I wish you all the best with this trade!
Likes and comments appreciated :)
www.tradingsignalreviews.com
EUR/USD Cypher on the 4 hour/Bullish GartleyThere is a bearish Cypher setting up on the 4 hour. I'm looking to get short around 1.1125 with my stop around 1.1160. I'm looking to take my target to 1.0958. There looks like a Bullish Gartley setting up as well. It completes at 1.0970 or 1.09578 depending on if you use 1.27ext or not. Again, I personally would like to give my self as much room as possible, so I would look at which ever is longer. Good luck trading out there.
Thoughts?Just a little food for thought... 4HR cypher pattern hidden behind a blatant H&S pattern. Any takers?
Cypher Pattern RulesI just recorded a free video on the cypher pattern rules. It shows you step by step how to measure it out and trade it properly. You can check it out here: www.youtube.com
EURUSD - Bearish Cypher+++ Don't forget to LIKE & Follow+++Price is setting a potential Bearish Cypher Formation on 15m, EURUSD.
Entry @ 1.1107
Stop @ 1.1136
Initial Target 1 @ 1.1082
Initial Target 2 @ 1.1066
Good Luck!
-Alex
Professional Currency Trader & Owner of www.beaprofitabletrader.com
If you'd like to see more good trading ideas from me, click the "Like" button!
You can get my trading ideas immediately, just make sure to follow me.
Forex Market Analysis and Trading Tips 12th July 2016 - USDCAD
SUMMARY:
The USDCAD pair bounced slightly during the course of the day on Monday, using the 1.3050 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bullish on charts and price is trading below its Resistance trend line in its 4 hourly chart. In its daily chart the price is sustaining above 200 day SMA that are appears on the above image indicating uptrend of the pair. It is having an important resistance at the level of 1.3141 Support at the level of 1.3050. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.
INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming positive trend in the pair.
STRATEGY:
USDCAD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.
Thank you guys for all your support, I am humbled to be apart of such an amazing community - your likes and comments are appreciated, and best of luck!
www.tradingsignalreviews.com
Forex Market Analysis and Trading Tips 11th July 2016 - USDCADSUMMARY:
The USDCAD pair bounced slightly during the course of the day on Friday, using the 1.3027 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bullish on charts and price is trading below its Resistance trend line in its 1 hourly chart. In its daily chart the price is sustaining above 100 day SMA that are appears on the above image indicating uptrend of the pair. It is having an important resistance at the level of 1.3059 Support at the level of 1.3027. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.
INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming positive trend in the pair.
STRATEGY:
USDCAD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.
GL
www.tradingsignalreviews.com
Short AxisBank : Bearish Cypher & Double TopHey Guys,
As you can see from the chart we have a completed bearish cypher formation and price is staying above our usual entry level in Axisbank . We can take this trade now also, bcos it gives us the advantage of reduced risk reward, so even incase of loss we will be losing lesser compared to what we lose if we enter @ Usual entry level.
Moreover, you can also notice that there is double top formation and the bearish side confirmation with the downward move. If you check on RSI it is also showing bearish divergence which makes double top more valid to enter the trade.You can short based on Bearish cypher or doubletop as entry reason in Axisbank.
Am not sure how the market will open today, so if there is gap up below stops zone - Am planning to short Axisbank .
If gapdown happens below usual entry level I wont take this trade.
Hit Likes to Agree...
Thanks for your support ! Happy Trading !
USDCHF H1 BEARISH CYPHER PATTERN NEAR COMPLETIONHello!
This Bearish cypher pattern is very close to completion so keep and eye in this one :)
Good Trading!
Errol
USDCAD Market Analysis and Trading Tips 5th July 2016SUMMARY:
The USDCAD pair bounced slightly during the course of the day on Monday, using the 1.2830 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bearish on charts and price is trading below its Resistance trend line in its 1 hourly chart. In its daily chart the price is sustaining above 50 day SMA that are appears on the above image indicating uptrend of the pair. It is having an important resistance at the level of 1.2891 Support at the level of 1.2866. If it breaks its resistance level on the upside and sustains above it then we can expect it to show further bullish movement in the pair.
INDICATORS:-
MACD is sustaining in its positive territory indicating the bullish trend in the pair.
RSI is sustaining in its buying zone indicating the upcoming positive trend in the pair.
STRATEGY:
USDCAD is looking bullish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions in it.
www.tradingsignalreviews.com
GOOD PLACE TO SELL ?Hello traders, looks like GBPAUD gives us an opportunity to hop on this bearish trend..the reasons why the little orange box is the good place to sell :
1. Cypher pattern completed at that area (0.786 retracement of X-C)
2. 1.27 fibo inversion (B-C point)
3. RSI overbaught
Just for reminder guys, the stops must be above X point..extended targets?yeah, why not :) Good luck :)
