usd/jpy near 122.80/123 res,short first1. a bearish cypher
2. rebound to near 123+ former top
3. usd may face "sell the fact" after fed 25bp hike
sl:123.70 sp:121.80/121.20/120.30/118.80
Bearish Cypher
AUDCAD Bearish Cypher completedBearish Cypher has been completed in AUDCAD giving decent risk/reward profile.
You should notice that price has just break through a descending trendline, so it seems that trend is really up. This is a countertrend trade, so you should
TRADE WITH CAUTION!
Short @ 0.99375
EURNZD: 4HR potential bear cypherentry @ 1.6780
good luck!!!
as always any comment, likes, etc. (good or bad) are welcome
Bearish Cypher At Structure ZoneA trend continuation trade lining up on the GBPUSD with a bearish cypher pattern presenting itself as an entry method. The advanced patterns D completion point comes in at previous structure which has been tested numerous times giving us a stronger reason for getting short. First targets here could be at a retest of the structure lows looking for the fib extension or structure again for target twos.
As always we're aware of the GBP's bank rate news etc that is released tomorrow.
Bearish Cypher Pattern OpportunityA nice short opportunity on the EUR/USD - bearish cypher is almost complete.
The risk vs reward is also decent.
Let me know what you think in the comments below.
GBPUSD Cypher PatternPrice has pushed beyond the B-leg to hopefully complete a bearish Cypher pattern.
The market is generally trading downwards on this pair, which gives me even more confidence on this one as it is in the direction of the underlying trend.
GBPUSD: Big CypherHello traders!
Here is a very nice big cypher pattern on FX:GBPUSD Our entry point is almost ready to be launched with very nice R/R. Our stops should go below the red zone and our targets will be fibs 38.2 with a very strong confluence of structure level and 61.8 with very nice structure levels. This is a very great opportunity for bears!
-------
Green Luck
Avto_T
Potential Cypher Pattern - GBPJPY 60MTrade Management
Pattern: Cypher
Symbol: GBPJPY
Date: Tuesday, 17th of November 2015
Timeframe: 60M
Entry-Point: 187.31 (Limit Order)
Stoploss: 187.72
Take-Profit 1: 186.72
Take-Profit 2: 186.44
Description: The GBPJPY pair experienced a bull market and found resistance at the 187.50 level. Therefore the Trading Idea is a high probability trade. Target 1 and Target 2 are the 0.382 and 0.681 Retracement of the CD Leg.
XAUUSD: Bearish Cypher at Structure. A Multi-Timeframe LookPotential Bearish Cypher pattern on Gold Hourly completing at $1,102,47. The lower chart takes a look at the higher timeframe (240min) where previous structure support turned resistance rests along the same area as the potential Cypher pattern. No Live Room on Monday's but usually this would be the type of situation where we zoom down to the lower timeframes and see if there is any opportunity to catch the move before the move. Especially with this current price action.
No youtube video last week, but as always I did write a brief article recapping my trading week.
"Trading Recap Week 46: Are You Getting Enough Reps?" goo.gl
And before you go, do me a favor and SMASH THAT LIKE BUTTON!
Akil Stokes
Chief Currency Analyst & Trading Coach
www.TradeEmpowered.com
EURCHF BEAR CYPHERThis pair will likely close with a daily Engulfing Candle so this down move may only be a retrace before continuing higher...Good luck!!!
40+ pips to target
KEEP THE RADARS UP!!!
EURUSD 1 Hour: 3 Advanced Patterns Setting Up/ Ideas for a VideoComing off a massive week in the Syndicate it’s somewhat refreshing to have only taken a single trade this week. Well two if you count the AUDUSD Bull bat that just filled a few hours ago (60min). Either way a slow week often means that there are a lot of potential patterns going through there setup legs and the EURUSD is a prime example.
Three potential patterns on this pair, on this time frame. A potential Bullish Gartley, a Bearish Gartley, and a Bearish Cypher. Not much on the news front until tomorrows ECB Press Conference and our normal Thursday Unemployment Claims, so we’ll see how things pan out.
Also, as many of you know I put out a weekly trading video on my youtube page every Thursday. www.youtube.com
Well this week I’m a little short on ideas, so if you have something that you’d like to be discussed do me a favor and leave your comment under this video and I’ll go through them before tomorrow’s recording starts. Good luck in the markets traders and remember…
PLAN YOUR TRADE, & TRADE YOUR PLAN
Akil Stokes
Chief Currency Analyst at Trade Empowered
Click here for 20+ hours of FREE Training
tradeempowered.com
S&P 500 INDEX: BEARISH CYPHER PATTERN COMPLETED ON 4 HR !!!Hello Traders,
We just got the completion of a valid bearish cypher pattern on FX:SPX500 . Market is right at the completion point of this pattern. The risk to reward for 1st target is one to one. See the chart above for more details.
Please feel free to AGREE or DISAGREE with this idea by leaving a comment below. Hit that thumbs up button (top left corner of this chart) if you like the idea. Thank you everyone for all the SUPPORT that you have given me so far, I truly appreciate it. Good luck everyone :)
USDJPY: BEARISH CYPHER PATTERN WITHIN CONSOLIDATION ZONE !!!Hello Traders,
For the past 6 weeks, FX:USDJPY is in ugly consolidation phase. Within this consolidation phase we are getting a potential valid bearish cypher pattern that is close to the completion point. Looking at this pair on the 4 HR chart, we see this market squeezing further into a wedge pattern. We have gotten 2 false breakouts out of the wedge pattern from both directions. Thus, trading this pair based on the wedge pattern alone is NOT the way to go. The much more reasonable way to trade this pair, is through this current bearish cypher pattern. As we all know, harmonics patterns tend to work very nicely within consolidation zones. I have included the 4 HR chart in the description below, in order to show everyone the wedge pattern that has been forming. See the chart above for more details.
Please feel free to AGREE or DISAGREE with this idea by leaving a comment below. Hit that thumbs up button (top left corner of this chart) if you like the idea. Thank you everyone for all the SUPPORT that you have given me so far, I truly appreciate it. Good luck everyone :)
Short USDJPY: Possible Wolfe Wave & Bearish Cypher -TIGHT PRZUSDJPY is forming a possible Bearish Cypher pattern, potentially ending in the territory of an optimal Wolfe Wave SELL zone. If price reaches this level I would expect a quick reversal as this area is highly confluent with multiple key levels of interest. Stop loss can be placed above S/R with a target at .382CD.
Confluence in the PRZ:
1. Bearish Cypher Completion
2. 1.272BC
3. 2AB=BC
4. Possible WW Reversal Zone
Follow for updates and trade ideas
GBPJPY: BEARISH CYPHER PATTERN WITH THE OVERALL TREND ON 4 HR !!Hello Traders,
Here we have a VALID BEARISH CYPHER PATTERN on FX:GBPJPY , that is close to the completion point. Do keep in mind that the major trend direction is BULLISH on the Daily, Weekly, and Monthly charts. This cypher pattern has been created after breaking the previous resistance level (LH). This is a good signal of POSSIBLE trend change back to the upside after being in a huge selloff for the past 17 days. So this might me considered as a counter-trend trade setup, but in reality all cypher patterns have to break structure in order to form a valid CD leg. Thus, we would need more proof from the market before considering the break of LH as being a valid signal for a trend change. See the chart above for more details.
NOTE #1: We have Manufacturing Production m/m news coming out of UK @ 4:30 am today. If the pattern is not complete before this time, then I will NOT be taking this trade. Will be staying on the safe side.
Please feel free to AGREE or DISAGREE with this idea by leaving a comment below. Hit that thumbs up button (top left corner of this chart) if you like the idea. Thank you everyone for all the SUPPORT that you have given me so far, I truly appreciate it. Good luck everyone :)
Potential Cypher Pattern completion at 1.13387Looking for potential Cypher Pattern completion at 1.13387. Putting stops 20 pips above X at 1.13827. Target 1 & 2 at .382 & .618 Fibonachi retracement. 2.59 risk/reward at T2. Rolling stops to break even if we hit T1. Don’t forget to add a little cushion for the spread. Plan your trade and trade your plan.
EURCAD D1 &H4 BEARISH CYPHER PATTERN COMPLETIONSWE HAVE TO BEARISH CYPHER PATTERN COMPLETIONS HERE.
THE BIGGER ONE IN GREEN HAS ALREADY ACHIEVED TGT 1 AND MISSED OUT ON TGT 2 TO BE TAKEN OUT AT BREAK EVEN.
WE HAVE ANOTHER SMALLER CYPHER PATTERN COMPLETION YELLOW THAT IS MUCH MORE VISIBLE ON A H4 TIMFRAME.
STOPS ABOVE THE X LEG
TGT1 0.382%
TGT2 0.618%
Bearish Cypher SQNMBearish Cypher
Have also closed iit's gap
Be careful though! It's my experience that Harmonic is a bit more loose and unpredictable in Biotech.
I'm in it right now
Ending the day with a hammer candlestick...bullish.
Sorry for the fib and Ma mess... forgot to clean it up before publishing.. Hope you get the picture though!
TWUC
@BLawrenceM
Follow me on Twitter for intraday updates
DAILY - BEARISH CYPHER AND 4TH POINT TOUCHING ON BEARISH TRENDGood 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 B.
Very good CTS score so lets go for gold ;)
EURUSD 30min Bearish Cypher PatternA 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
Decision making at its best!!!Here we are looking at 4 different type of patterns of which we have a Bearish Bat and Cypher pattern that completed and then we have 2 Bullish patterns Gartley and a Cypher pattern setting up.
I could not draw in all the Fib. Retracements and Extensions due to it cluttering up my chart.
Hope there is something on here that you guys did not see.
Happy trading people ;)
USD-CAD Potential bearish Cypher pattern completionHere we have a potential bearish Cypher pattern with trend.
The Risk/Reward is not very good on this one about a 1:1 because of the last resistance area showed on the chart to be safe.
We got about a 75-80 % win rate on this pair with Cyphers so thats the only reason for taking a 1:1 trade here!
DISCLAIMER this is NOT a valid Cypher pattern, i made this idea too fast and oversaw the A-B retracement closed above the 0.618 fib retrcement!! But TradindView don´t allow you to delete your posts.
Kind regards,
Thomas Jeff
