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Cypher

Raytheon Technologies: 3 Line Strike at PCZ of Bearish CypherThe Defense Sector in general seems to be overhyped as if it expects earnings not to matter anymore but the PE/Ratios keep rising as if it's betting on the US to enter a direct armed conflict rather than reality which is that we are simply just providing old unused equipment to the Ukraine. I think in the near future the market will realize this and we will see prices on these kinds of stocks got lower as the PE Ratios compress just like every other speculative growth stock has done during the cycle.
NYSE:RTXShort
by RizeSenpai
EURUSD Top - Shorting The Bearish ImpulseEURUSD is on the verge of starting a sell-off. I am expecting in Impulse Wave in Minute C (red). The greenback (DXY) should be able to commence a Bullish Retracement. EURUSD under pressure. My Euro-Dollar Technicals: * Ending Diagonal in Intermediate (C) (white) * Complex Double Three Correction * Hidden Bearish Divergence * Harmonic Pattern: Bearish Cypher in Minute b (red) * Double Top Pattern * 88.6% Fibonacci Retracement * 161.8% Fibonacci Extension EURUSD SELL Signal: * Entry @ 1.06910 * SL @ 1.08700 * TP1 @ 1.0500 * TP2 @ 1.0280 * TP3 @ 1.0140 * Safety Measure: when in the green, moving SL to BE. * Sell Stops on the way down, after pull-backs. Many pips ahead! Richard, the Wave Jedi.
Short
by Lionheart-EWA
6
USDJPY - Bullish Impulse - Minor CUSDJPY is preparing to shoot on the up-side, with a Bullish Impulse, ahead of the FOMC (FED). Expected swing: Minor C (white), of Intermediate (B) (red) completion. A spike in the Dollar would be expected on the FOMC Press Conference. USDJPY Tech. Analysis: * Elliott Wave: Intermediate (A) (red) complete * Fibonacci Extension Confluence (Minors A-B-C (red)) * Minor B (white) Double Bottom * Harmonic Pattern: Bullish Cypher * Bullish Divergence * 88.6% Fibonacci Retracement USDJPY Trading Signal: * Entry @ 134.150 * SL @ 131.00 & 126.000 * TP1 @ 145.00 * TP2 @ 149.855 * Buy Stop Level @ 138.00 * Aggressive Entry @ Market Price * Conservative Entry @ 133.10 *Safety Measure: when in the green, moving SL to BE. Many pips ahead! Richard, the Wave Jedi.
Long
by Lionheart-EWA
12
Shorting Gold - Cypher Pattern! XAUUSD is currently forming a bearish cypher pattern on the chart. This pattern is characterized by a series of diagonal lines that converge towards a pivot point, which suggests that the market could be ready to make a reversal. Based on the current positioning of the pattern, it looks like XAUUSD could potentially make a move towards the 1808 level from its current high at 1864. To help mitigate potential losses, it might be a good idea to consider placing a stop loss at 1877. It is important to note that this is just a potential scenario and it is always crucial to use proper risk management techniques when trading. Keep an eye on key economic events and news releases that could impact the price of XAUUSD, and always do your own research and due diligence before entering any positions.
FX:XAUUSDShort
by FXultan
2
$AMD Low conviction Cypher set up 🎯Watching $AMD here, 618 buyers are trying to hold the 64$ level, I think 786 trades. I will be watching for bullish price action there to try a long position. Very low conviction so it will be of smaller size. I will update entry if it is offered and confirmed via price action. Pin bar, inside bar, engulfing bar, preferably a wick through and reclaim of 786 would trigger my long idea. GL guys Tp 1 stop even 1/2 off Tp 2/ Tp 3 - take 1/2 of balance Stop below red line, move to entry asap imo if it triggers due to low conviction, I am bearish indices :) See my $DXY idea
NASDAQ:AMDLong
by FrancesMarie
Terra (LUNA) formed a bullish BAT for upto 17.50% pumpHi friends, hope you are well and welcome to the new trade setup of Terra (LUNA) with US Dollar pair. Our last successful trade of LUNA was as below: Now on a 4-hr time frame, LUNA has formed a bullish BAT move, there is a slight difference in completing the C leg, but a perfect Cypher move has been formed on Kraken exchange as below and the targets are almost same, but as most of the traders are trading on Binance, therefore, I have ignored the slight difference of C leg and shared the targets accordingly. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Long
by moon333
1
Drep Token formed bullish Cypher for upto 33% moveHi dear friends, hope you are well and welcome to the new update on Drep token with US Dollar pair. Recently I shared a trade setup for Drep, but the priceline pumped before the completion of the final leg of a Shark pattern: Now on a 1-hr time frame, DREP has formed a bullish Cypher pattern. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
DLong
by moon333
$SPY Cypher, watching 786 trigger 🎯$SPY has a very clean cypher, I will play this with layered options to control risk. Watching 786 level/ trigger of this cypher and my final target will 886 of the bearish bat pattern highlighted🎯 Calls on watch $SPY 380's, 390's & 420's. Calls will be bought layered @different strikes. I will post upon entry on price action confirmation @ trigger level= SPY$ 361-362.25$ level. Remember to always look left for demand/structure @ trigger level (786 Fib). Please see chart for details Tp1 Stop is even (382) Tp 2 (618) Tp 3 (886 of larger Bat pattern) Stop Below X Please let me know your thought's on $SPY Thanks for looking & Happy New Year to all 🎆 Good luck 💸💸💸💸💸💸💸💸💸💸💸💸💸💸
AMEX:SPYLong
by FrancesMarie
EURGBP: I will look for Buys if a Reversal set-up comes.EURGBP Tech. Analysis: Elliott Wave & Harmonics. * Harmonics Pattern: Bullish Cypher * Elliott Wave Pattern: Running/Expanded Flat in (B) (red) * Supply Zone * Fibonacci Extension & Fibonacci Retracement: Confluence EURGBP Long: My Trade on the FED Press Conference (FOMC/FRED) * Entry @ 0.85100 * SL @ 0.81500 * TP @ 0.91985 This is a trial trade for a potential swing and add longs thing. Many pips ahead, Richard, the Wave Jedi.
Long
by Lionheart-EWA
9
EURUSD > Two Bearish Setups for A Sell..Analysis of #EURUSD Hi traders, today we will have a look at #EURUSD Looking at the daily chart I saw we have two harmonic patterns on the EURUSD, as you can see on my chart, and this may be why the EURUSD was unable to continue to the upside. keep in mind we are going to enter a long holiday break, and it i is not recommended to be in long-term trades. I will look back at this idea next year 😉 and see if we can find a reversal pattern like head and shoulders or double top it will be a good reason to enter this big pattern I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
Short
by TheTradersAvenue
16
Aurora Cannibis (ACB) Is the Bad Trip Over Yet ?Its hard to believe this stock has lost over 99% from its 2018 high. Early, mid and even recent cannabis adopters have been crushed. Was it hype, hubris or too much indulgence of the product ? Who knows . Ours is to find a profitable trading plan with the odds in our favour. There have been many points along the way to establish long positions, but like the product, they quickly wore off. (The most recent was this October.) I am suggesting another such situation exist here. The weight of evidence suggests a recent short term bottom and a long side opportunity. Harmonically the confluence of a Gartley, Cypher and ABCD patterns should signal at least a reversal. Additionally selling pressure may be abate once yearend tax loss selling is over. I have clearly marked a roadmap for entry, stop and target points. Additionally I need my or your momentum indicator to "roll up". Once in, manage the trade. I will follow up and advise of any action. Not investment advice, do your own due diligence. Peace S. p.s. Let the price re-challenge the $1.17 area for entry and ignore todays wide range.
NASDAQ:ACB
by Steve666