Cypher
BTCUSD short term bounce from supply zoneThere are many wicks on top of the candles on the 15 minute BTCUSDT chart. Honey Cypher momentum is to the downside. The light blue Vwap is starting to slope down. Looking at the honey wave structure we can see that the previous uptrend was long lasting so the chance of the coming downtrend to have this long lasting slow drop is quite likely to me.
AUD/USD (Cypher Pattern) 15M @ MarketPAIR: AUDUSD
TRADE: CYPHER PATTERN
POSITION: BUY
TIME-FRAME: 15M
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Lovely intraday trade opportunity on the AUDUSD. This
is a Cypher Pattern @ Market and one I'm involved with.
Take the opportunities the market gives us and stick to
the trading plan which we have for ourselves.
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Truly grateful to be here and share my thoughts with
everyone. Always appreciate your thoughts and what
you have to say and share, let's experience Trading in
a positive way, together. Time is precious, be kind to
everyone and be safe in the markets, always.
"See yourself as love and only have that, to give away."
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Phil C.
EUR/JPY (Cypher Pattern) 1HRPAIR: EURJPY
TRADE: CYPHER PATTERN
POSITION: BUY
TIME-FRAME: 1HR
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What a month it has been for patterns. During the Star
Live Trading room, we've seen pattern formations all over
the markets and have been a result of new equity highs.
For other pattern lovers like myself, this month has been
a powerhouse for these moves.
When I can, I post trade ideas here to inspire other people
about pattern trading, as it's one of my passions.
Let's have a great week of trading ahead. Always, always
always, trade your plan please.
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Truly grateful to be here and share my thoughts with
everyone. Always appreciate your thoughts and what
you have to say and share, let's experience Trading in
a positive way, together. Time is precious, be kind to
everyone and be safe in the markets, always.
"See yourself as love and only have that, to give away."
--------------------
Phil C.
Bearish Cypher EURAUD 4H (short trade)Bearish cypher on the EURAUD 4H. Price has been consolidating, which is prime for these types of patterns
Entry price: 1.48885
Stop loss: 1.50412
Take profit 1: 1.47900
Take profit 2: 1.47116
Targets will be adjusted based on extension of the D leg.
Will move to breakeven if T1 is hit.
$TSLA Cypher I am not trained to use a sub wave for pattern (always lowest low or highest high) however this also coincides w 618 fib of lower low, and has a pin bar at 786 trigger of this cypher pattern, w 50% a retracement of pin bar ( buy signal for me @ trigger level) . I have caught many sub wave harmonics is TSLA and i have deep dived countless ones in the past, so they do still work and often, but this is high risk in all honesty.
I am still bearish on overall market as my $VIX pattern is not even to tp 1 (36.50$) I still think we can bounce and hard imo. Use ultra caution we will have a capitulation day eventually and it could be much worse then today, ie massive gap down. WH has many cards to pull to prop indices up so anytime there could be a bear rally and it could be big, and we know $TSLA moves big on any news. GL and thanks for checking this out.
Btw keys are take profits= 382%, 618% and top of pattern, move stop to entry at tp1 and take half off (per pattern rules)
This is a good opg order opportunity imo, although very few brokers have it. Opening price guarantee, IBKR does offer it in in trader workstation only, not mosaic unfortunately
Cypher Harmonic on BTCWhat you see here is a Cypher Harmonic on the BTC chart. Trade should be on the .786 of X-A ( ~ 42.8k ).
Confluence for a short entry:
- Previously value area low (VAL) on the previously consolidation.
- .786 (X-A)
- 1.414 (B-C)
- Untapped Daily level
- Gann Fibonacci Fan
Target: 37.7k untouched daily level.
Take profits on ~ 41k and 39.8k.
Stoploss on validation on around ~ 44k. Reason for this is the Cypher pattern is not validated when it reach above the .786 of X-A.
Risk/reward ratio: 1 on 4.
THETA - cypher pattern + ichimoku breakoutthe price formed an inverse butterfly pattern (or cypher pattern)on 4h chart and we can expect some upside if we fix above the ichimoku cloud
theta is quite a good project which I honestly personally enjoy and like
im invested in it, but this could be a good swing trade expecting at least a 7%
let me know what you think about this idea
I'm entering the trade if a 4h candle closes above the ichi cloud, just to let you know
i want to be transparent so let this be a loss if I'm wrong!
let me know if you enjoyed this analysis and feel free to ask for other pairs to analyze in the comments or feel free to message me if you have any questions or ideas to share!
Metal (MTL) formed bullish Gartley for upto 35.50% moveHi dear friends, hope you are well and welcome to the new update on Metal ( MTL ) token with USD pair.
On a 2-hr time frame, MRL 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.
GBP/USD (CYPHER PATTERN) 15MPAIR: GBPUSD
TRADE: CYPHER PATTERN
POSITION: SELL
TIME-FRAME: 15M
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I trust everyone has had a wonderful weekend and are
ready to get back into the charts, for more opportunities
that may present themselves this week, moving forward.
Potential Cypher Pattern here on the 15 minute. This is an
intraday opportunity, in the form of one of a Cypher. Also
one of my favourite pattern setups.
I find it difficult to post every setup here, however, I'll
always continue to do the best I can, sharing my thoughts,
feelings and actions within the market.
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Truly grateful to be here and share my thoughts with
everyone. Always appreciate your thoughts and what
you have to say and share, let's experience Trading in
a positive way, together. Time is precious, be kind to
everyone and be safe in the markets, always.
"See yourself as love and only have that, to give away."
--------------------
Phil C.
EURAUD SHORTS 📉📉📉📉 Expecting bearish price action on the EURAUD as price takes out buy side liquidity above the equal highs + rejecting a bearish orderblock area on the H1 timeframe. Also price rejectes exactly the institutional figure 1.46500 closing bearish below with a huge bearish momentum candlestick meaning sellers stepped in.
What do you think ? Comment below..