Cypher-harmonic
EURCAD CYPHER PATTERNT based on my analysis I see a Perfect bearish cypher pattern. tell me what you guys think.
#Bitcoin - #BTC short to longI wanted to publish the idea but being Busy lately wasn't able to, I did share the short trade on telegram & we have been able to catch almost the top :D
for now, I feel we can retest 99xx levels, if you see good rejection then you can enter short position & ride it till the last leg
you can also use Leverage on Bitmex or bybit to multiply your profits but remember Leverage Trading is HIGH RISK So is Crypto trading & that's why I am legally obliged to say
#DYOR
remember I am not a financial advisor & this are all just my thoughts :)
make sure to leave a comment & if you agree then hit that thumbs up
Do not forget to check out other ideas & do share it with your friends :)
BITCOIN | Bullish Cypher (update)@Kuba_San pointed me out that I might have used the wrong tool, TV has a dedicated tool for the Cypher. He is totally right. I just tend to hit the harmonic icon that's in my favorites toolbar. Adjusted my Cypher based on this tool and the new high C. Seems good to me to fuel the daily rocket with some bullish divergence so we are ready for a next push upwards.
Just some ideas based on Ichimoku Cloud support. But we have to see it level by level. Will depend a lot of the current PA. So till the just possibilities.
BITCOIN | Bullish CypherMaybe at this bullish moment not the most logical to play out but it's technical so perfect.
And looking at the daily chart if we close the day like this and continue reverse then we have bearish divergence
GBPJPY - Cypher Pattern on the 4hourCypher pattern on the GBPJPY where we are currently in consolidation, first target will be the 0.382 from the C-D leg with SL just below the 4hour pin bar at demand zone
GBPJPY 4 hour potential Cypher patternThere is a potential Cypher pattern on the GBPJPY 4 hour chart.
Bullish Cypher in EURNZD DailyPrice has reached a support area that has responded to it several times and has formed a Cypher pattern in the area.
Possible bearish cypher pattern?i see a possible bearish cypher pattern, honestly i'm not expert of harmonic pattern so if someone more competent can comment this will help me a lot thx
short cypher with violation of structureFrom a structure standpoint, price was moving bullish indicated in purple. Price made a higher high from the last leg. Price then violated previous structure by making a lower low (indicated in pink line). A bearish cypher was created with a double top at entry. I am in a short position. My targets are 0.618 Fibonacci level from C to D leg of the cypher. Stops are just above the X leg.
Elliot wave+ Cypher+FibonacciThe cable has stopped its C correction wave right on 50% Fibonacci retracement of the first Impulse in h4 chart; we can clearly see a Cypher pattern, now price is in PRZ and there are good chances for an upside movement until 1.2390;
in h1 chart Rsi has just crossed 50;today USA data were mixed and the inflation CPI meets the forecast but 1.8% is STILL UNDER FED TARGET so there are possibilities for another cut in 2019, USD is beginning to have a bad time!
stop loss at 1.22560 take profit 1 at 1.2390
long term view : it will depends on BREXIT news but I think 1.25400 is a possibility; I will update you on this trade
ONT Bullish Cypher PatternONT forms Bullish Cypher Pattern but in this moment we are waiting for bullish momentum. Stop Loss, Take profits, PRZ in chart ;)
GBPNZD #Forex #ForexTrader #ForexTrading #ForexChartBat complete and Cypher nearly at the buying zone .. possible long coming
Potential harmonic cypher into bull swing to end the monthOverall I'm bullish on GBPUSD. looking for a quick intraday short to later go long to end the month or start next month around the 1.25 area. Today it rejected PERFECTLY to the pip from %50 of the weekly game. I want it to climb a little higher starting into next week and give me around 200 pips to the downside. The potential pull run with 1:10 RR is what I'm looking for and hoping NFP can carry me there. Be careful trying to sell this pair.
Litecoin Cypher Scenario.I agree with many traders that LTCUSD has important level around $66.
I also agree that we can expect bounce from $66.
But I would also like to disscus about another scenario.
"What to do if B Line at $66 is broken"?
This is my Litecoin Cypher Scenario.
Cypher Pattern – Rules:
The Cypher pattern starts with a market price that establishes the X and A points. Once this leg is determined, the pattern evolves.
Point B retraces to 0.382 – 0.618 Fibonacci level of the leg XA
Point C is formed when prices extend the XA leg by at least 1.272 or within 1.130 – 1.414 Fibonacci extension level
Point D is formed when it retraces 0.782 Fibonacci level of XC
Point D is also where prices are expected to reverse
Targets are determined as 0.382 and 0.618 Fibonacci retracement levels of the CD leg.
THIS IS NOT AN INVESTMENT ADVICE !
GBPNZD CYPHER PATTERN H1You can see my pending order is set for the 78.6 level, this is H1. Lets see
