Bullish Cypher Pattern & Falling WedgeStrat is a powerful coin and now it's time to shine.
Bullish Cypher has been completed already and it's now time to break out from falling wedge.
As you can see there is also a positive RSI divergence and thats an important bullish tip too.
First target is fib 38.2
Second target is fib 61.8
Even if those targets are reached thats not the mean that it's end of the road but it's only the begining because the team is working hard and there are several good updates on the calender.
Bullish Cypher
GBPJPY Head and Shoulders and Bullish CypherGBPJPY Head and Shoulders and Bullish Cypher
H4 Chart:
Bullish Cypher Completed at 147.990.
150.008 is the Fibonacci Retracement 23.6%
H1 Chart:
Head and Shoulders pattern will be completed at 150.100
Both charts point out 150.100.
Breakout and close above 150.100 will take the price 151.300 and 152.200. Extented target is 153.200
GBPJPY Head and Shoulders and Bullish CypherH4 Chart:
Bullish Cypher Completed at 147.990.
150.008 is the Fibonacci Retracement 23.6%
H1 Chart:
Head and Shoulders pattern will be completed at 150.100
Both charts point out 150.100.
Breakout and close above 150.100 will take the price 151.300 and 152.200. Extented target is 153.200
BITCOIN BULLISH CYPHER Possible scenario in progress, BITCOIN BULLISH CYPHER. remember is not about believe, it's about know
AUDCAD - Bullish CypherLooking forward to a new week, I have added the AUD/CAD to my watchlist- keeping my eye on a bullish cypher pattern on the 4 hour chart. If you scroll back on this timeframe you can see our PRZ has landed in an area where there is a history of price consolidating as support or resistance, as well as times where price has quickly reversed. Keeping this in mind, I expect to see some nice price action should price reach this level.
As always I will be analysing the candles for signs of reversal- hammers, engulfing candle, you know how it goes...
With this pattern our first Take-Profit level will fall exactly on 0.98, with our final target for 0.98784. With any pattern, risk to reward should be at least 1:2. In this instance we are doing just that as our stop-loss should be below the point of X. This may vary for people depending on when they enter. The stop-loss and profit targets should ever move, so if you enter slightly lower than the PRZ you would see a small difference.
Cypher ratios
B = 0.382-0.618
C = 1.272-1.414
X to D = 0.786
*To anyone drawing this pattern, please remember to use the Cypher tool- NOT the XABCD tool as normal for other harmonic formations*
I am currently short the AUDJPY, so I do expect some further weakness from the AUD (see below). I'll update further once price has reached our PRZ.
Have a good week guys!
Bull Cypher OPPOver the weekend, There was a gap in the market that may have only delayed the inevitable: Bull Cypher opportunity. If it fills, I will be looking for targets at structure where the orbs are.
GBPUSD Bullish Cypher PatternThe overall trend of the GBPUSD is bullish and while making a bullish Cypher pattern with very accurate ratios of cypher pattern it is giving a signal of continuation of the bullish market so it is a good chance to buy at the completion of the pattern.
USDCHF Bullish Cypher PatternA bullish cypher pattern is forming in the USDCHF but it is a risky one because the overall trend is downward, moreover the B leg is very close to the D leg which makes it risky. But still can be traded with risk management and trailing stop.
Bullish Cypher Pattern (Be Aware of the Bullish Bat though!)Hello traders!
As the title says, Bullish Cypher pattern potentially forming on this pair. However, depening on your own rules, the Bullish Bat is still a live potential trade therefore you will have to decide (according to your rules that is) on which pattern you will take. You could even keep the Bat pattern as a second chance trade if you were to get stopped out of the Cypher. Whichever you choose though, make sure it's according to your rules (you will probably get sick of me saying that but don't forget it!)
One more thing, this is not an endorsement to trade, this is just my opinion. Trade at your own risk!
Good luck traders!
CAD/CHF long oppunity guys we find cypher pattern on cad/chf it is nice opportuinty to go long with the confluence of 200 EMA and with RSI over sold
if its complete look for buy setup at point D
stop below X level
i will update you ........
regards:
HAMZA MALIK
Bull Cypher OPPA long awaited Cypher with price resistance around the BLeg may give in it's attempt to form. With this third encounter with this price, it may be difficult to break structure. We will see.
9) EURNZD bullish cypher on 1hr chart.I will keep updating related EURNZD ideas. Follow me and check the related ideas below to learn more details.
Good luck.
Tiny Bull Cypher OPP This is a trend continuation opportunity. If the Bullish Cypher fills, look forward to the trend continuing because structure has been broken, and has created a higher high, higher close candle in succession of XA leg and BC leg. Looking for target at C but I may continue beyond this point.
Bull Cypher OPPThe Bull Cypher is in confluence with the break in previous structure(PH ), creating a new structure high(H3 ). RSI Is also showing near oversold conditions. I am taking the target at structue where the arrow indicates.
EUR/USD Daily Possible Bullish CypherCurrently Price is consolidating with the highs being at 1.20900 zone and the lows being at 1.15500
Currently it appears that price action is set to continue its push to the downside and if in doing so will form a Bullish Cypher Formation.
I predict price action will either do 2 things
(A) - test the lows of the minor structure level around the 1.16500 (price could possibly test it and bounce back to the upside or blow straight through it!!)
(B) push down to the D entry and have a text book bullish cypher!!
(C) push all the way down and test the monthly lows zone.
AUDUSD -1150 pips+ Wave Battle goes on!From lows@0.7532 - We got twice opportunity of picking the pair in the zone 0.7550-0.7555 for 0.7630 target level which was corrective so we must say- "what a pick@0.7555"
Previous Update - 850+ pips - what a pick@0.7555
Long term wave update@0.8065
Finally selling below 0.7650 with all twist n turn in between & making 150-160 pips till 0.7520 - position closed. We are looking for bullish setup & watching price action closely.
Move next above 0.7520 shall be initial clue for target levels 0.7650 - 0.7725 - 0.7890 & holding 0.7500 below as support - once crossed above 0.7555 - our favorite level is the 2nd confirmation to tell us that pair is looking for higher levels as mentioned above.
Decred - Bullish CypherWe're looking at another cypher pattern but this time on the 1h chart with DCR/BTC, this is an excellent long opportunity with 1:2 risk to reward!
The D point forms above trendline support on the 4h chart as shown below, I'm expecting price to stall out on this level or at completion of the pattern.
The measurements for a valid cypher are detailed below.
B: 0.382 - 0.618
C: 1.272 - 1.414
X to D: 0.786
Feel free to share your own analysis below, and as always trade safe!
