Bullish Cypher
Bitcoin Cup and Handle?Owhooooo!
This weekly chart has me howling for the moon!
It seems like the Bullish Cypher is still playing out, and the giant Cup and Handle formation could be in play. If we do see a pullback, I think this would fit nicely into the overall continuation of the Bullish Cypher trend.
So I'll be looking for this pullback to form the handle, and my own personal strategy is to use this (if it happens) to accumulate MORE Bitcoin.
I'll be hiding in the bushes and waiting to see how this plays out.
What do you think will happen?
Raising EURUSD Profit Target to $1.114 due to a Bullish CypherDue to the apparent formation of a Bullish Cypher on the Daily, combined with the Bullish Push as confirmation on the RSI, and the strong push push in price action above the 200-day SMA, I will be raising my profit target for the EURUSD to the 100% retrace up at $1.114 as the 100% retrace would be the standard target for a Cypher and the TLT has outperformed which is usually a signal for psoitive price action in the EURUSD.
AMP Bullish harmonic cypher showing potential price outbreakHello
Today I bring you a harmonic cypher showing bullish signs on AMP.
A typical harmonic cypher pattern is bullish IF:
The initial leg, the XA leg, rallies higher from the starting point at X.
The AB leg moves lower to retrace the XA leg. This retracement should bring prices to between the 38.2 to 61.8 percent level of the XA leg.
The BC leg moves higher and takes out the swing high at point A, and terminating between the 127.2 and 141.4 projection of the initial XA leg.
The CD leg moves lower and terminates near the 78.6% retracement level of the price move from point X to point C.
Upon the price reaching the 78.6% retracement level at point D, the bullish Cypher pattern is considered complete, and a price rise is expected.
The retracement percentage to point D did not reach past 70% but, despite this, all the other characteristics of the bullish harmonic cypher match the one on our chart.
Rollover Parralel channel updateUpdate of the previous parralel channels post .
So far both our channels have played out well, apart from the retest and rejection from our green channel.
If the red channel plays out like the others we should start to see a steeper decline from this point on. 🤞
This would also fit the narrative of the cypher harmonic Iv been watching for (see other posts on my profile)
Any questions or if you don't agree please comment and let me know. Love a discussion
Cypher Completeif the next 4 hour candle is inside bar up, bullish continuation.
TP1: 3896
TP2: 3925
Stop Loss: 3830
Good Luck
USDCHF Long Position: Bullish WaveUSDCHF is ready to go bull.
I am anticipating a Motive Wave on the up-side.
Because of how it started, I am expecting an Ending Diagonal in Intermediate (C)(turquoise).
GOLD (XAUUSD), EURUSD, USDJPY and DXY are all showing Reversal Patterns.
Time to trade Wave Jedi!
My Swissie Technicals:
* Ending Diagonal in Intermediate (C) (red)
* Flat Correction in Intermediate (B)(turquoise)
* Hidden Bullish Divergence
* Harmonic Pattern: Bullish Cypher in Minute b (white)
* Triple Bottom Pattern
* 88.6% Fibonacci Retracement
* 127.2% Fibonacci Extension
USDCHF LONG Signal:
* Entry @ 0.9220
* SL @ 0.900
* TP1 @ 0.9560
* TP2 @ 0.9700
* TP3 @ 0.9785
* Safety Measure: when in the green, moving SL to BE.
* BUY Stops on the way up, after pull-backs.
Many pips ahead!
Richard, the Wave Jedi.
$SHIWETH Shina InuSHI Price Live Data
The live Shina Inu price today is $8.05e-7 USD with a 24-hour trading volume of $1,075,646 USD. We update our SHI to USD price in real-time. Shina Inu is down 2.27% in the last 24 hours. The current CoinMarketCap ranking is #2732, with a live market cap of not available. The circulating supply is not available and a max. supply of 20,000,000,000,000 SHI coins.
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ARUSD: Bearish 3 Line Strike and a Close Above the 0.786 RetraceArweave today has simultaneously closed above the 0.786 retrace and has taken out the last 3-4 Days of Bearish Price Action on the Daily Timeframe.
We may also be at the PCZ of some sort of Deep Cypher Pattern; it can't be a Shark because the 1.618 Extension is nowhere near being reached so i think it's a Deep Cypher.
UNISWAPHello Dear friends
Aren't decentralized exchanges more attractive?
All patterns formed in different time frames identify higher targets. Our support areas have been well maintained so far.
Provided that the orders in the area of $5.65 are not fully consumed, the possibility of continuing the upward trend to the area of $7.17 is high.
Keep in mind that this view has little validity until the bullish trend breaks above the $6.38 range.
We would be happy to hear your comments
TOTAL Crypto Market Cap Bullish ABCD and CypherThe TOTAL Market Cap looks to be ready to target back up to $2.16 Trillion Dollars from here in the coming Weeks-Months based off the presence of a Bullish Cypher and Bullish ABCD Confluence Zone Visible on the Weekly Timeframe.
The ideas in the Related Ideas Tab below are also relevant to this analysis of TOTAL.
closing all shorts, waiting for 3860 retest from D leg of cypherlooking at the 1hr time frame on spx, I'm seeing the bullish cypher. from d leg the target is 3860 or b leg of the bullish cypher. if there is enough momentum it can be carried to the 3900 of this pattern.
This is not trading or financial advice. im simply trading and reacting to the market. I'm using tradingview as my trading log, but im more than happy to share my views. Just be respectful.