$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
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.
--------------------
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..
Bull Bat 2 Bear Cypher?Back-to-back clean harmonics are rare, so this is a long shot. If the next leg confirms tho, it's on.
Bull Bat confirmed, but seems to have stopped well short of it's first target, the last bottom @ 358.5. Where it stopped is interesting, 38% retrace! If it continues up, the next bull target after 358.5 is 369.5.
A lot of harmonics have 38% retraces, but only one matched up, Cypher. It matched up well, ending just under the bear TL from previous tops.
With options, max pain drops swiftly to 350 on 4/14. So either the pattern, or BC leg, should complete before 4/14. The 1st bear target after completion is the previous low @ 340.
EURAUD SHORTS 📉📉📉📉 Expecting bearish price action on EURAUD as we are in a bearish market strucutre on A HTF premise. We had a bearis bos that confirmed for me the bearish market strucutre and for now i will look to enter short if price will come in my areas of interest. Bearish orderblock h4 + bearish imbalance 1.47000 and the second area 1.48000 institutional figure.
What do you think ? Comment below..
ETH - CYPHER HARMONIC PATTERN?Hey guys, hope everyone is good. I have something new here, a HARMONIC PATTERN
Harmonic patterns involve more than just geometric shapes. They also follow strict "rules" measured by FIBONACCI LEVELS
There are several types of harmonic patterns including Gartley, Butterfly, Bat, Cypher, 3 Drives, Crab, and more.
This particular pattern is called the CYPHER PATTERN It is a REVERSAL PATTERN and usually occurs near strong trend reversals.
It's said that CYPHER PATTERNS have a higher success rate than any other HARMONIC PATTERNS but are rarely found on the charts.
The CYPHER PATTERN can be bullish, or bearish. The pattern in this chart is considered a bullish pattern. The buy order should be at point "D" with a stop loss below point "X"
As I mentioned above, There are "rules" (requirements) that need to be met in order for the CYPHER PATTERN to be considered VALID .
X-A > Line X-A is an IMPULSE LEG
A-B > Line A-B is a RETRACEMENT of line X-A. It MUST retrace to 0.382-0.618 (candle close)
B-C > Line B-C is another leg up. "C" MUST end up between the 1.272-1.414 FIBONACCI EXTENSION LEVEL of impulse leg (LINE X-A)
C-D > Line C-D is a RETRACEMENT of X to C. Line C-D MUST touch the 0.786 RETRACEMENT LEVEL
The chart shows a possible CYPHER PATTERN trade setup. Lines X-A, A-B, and B-C are all VALID, therefore IF line C-D touches the 0.786 RETRACEMENT OF X to C, we should have a high risk/reward trade setup.
For this to be considered a VALID HARMONIC PATTERN, all of the "rules" above MUST be met.
So far, the first 3 rules have been met. The only thing that is required now is for ETH to retrace to the 0.786 of X-C which is between $2200 - $2300
If the pattern CONFIRMS to be VALID, the TARGET is set at the 0.382 RETRACEMENT of X to C which is approximately $3700 (A potential gain of around $1500) Stop loss order just below "X" ($1690)
If ETH does NOT retrace to the 0.786 of X to C, The pattern is INVALID .
Because of the strict requirements for the CYPHER PATTERN and other HARMONIC PATTERNS, they do not occur as often as other chart patterns.
TO BE CLEAR, THIS IS A POSITION "NEUTRAL" CHART. IT IS AN ANALYSIS & TUTORIAL. ETHERIUM WOULD HAVE TO DROP TO $2230 FOR THIS IDEA TO BECOME VALID.
Just sharing some interesting things I've learned and can make use of. Hope you guys like this and find it interesting. If so check out my other Ideas. I'll leave my most recent BTCUSD chart link below.
Please LIKE, FOLLOW, SHARE, and COMMENT if you wish. Sometimes I'm busy but I do respond mostly.
*** THIS IS NOT INVESTMENT ADVICE This is just an idea and based off of my research and experience learning and trading cryptocurrencies. Always do your own research before trading or investing***
$MDJH Next Target PT 3.90 and higherMDJM Ltd, through its subsidiaries and variable interest entity, operates as an integrated real estate services company in the People's Republic of China. It offers real estate agency services to real estate developers; and real estate consulting services, such as consulting, marketing strategy planning and strategy, and advertising services and sales strategies. The company also provides independent training and tourism development services. It serves real estate developers, real estate design institutes and agencies, urban planning bureaus of various levels of governments, and urban rail transportation companies, as well as urban infrastructure development companies. The company was formerly known as MDJLEAD LTD. and changed its name to MDJM Ltd. in May 2018. MDJM Ltd was founded in 2002 and is headquartered in Tianjin, the People's Republic of China.
Ardor (ARDR) formed bullish Cypher for upto 19% pumpHi dear friends, hope you are well and welcome to the new trade setup of Ardor (ARDR) coin with US Dollar pair.
Previously we had a nice trade of ARDR:
Now on a 4-hr time frame, ARDR 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.
EURUSD > A Possible Bearish Harmonic Cypher Pattern!!Analysis of #EURUSD
The EURUSD has a possible bullish Cypher harmonic pattern that might complete the D leg soon and provide a reason to get in a buy trade
Trading Plan:
>>, if EURUSD completes the d leg I might get in a buy trade or wait for the market to push further to the downside near my support zone before getting in a buy trade if the rules for entry are met.
⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
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💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
Conflux Network (CFX) formed bullish Cypher for upto 25% pumpHi dear friends, hope you are well and welcome to the new trade setup of Conflux Network ( CFX ) token with US Dollar pair.
On a 4-hr time frame, CFX 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.
Voyager Token (VGX) formed bullish Cypher for upto 34% pumpHi dear friends, hope you are well and welcome to the new trade setup of Voyager Token (VGX) with BTC pair.
Previously I shared a big BAT pattern of VGS, which is still in play:
Now on the same daily time frame, within the potential reversal zone of the above pattern, VGX has formed another bullish Cypher pattern as below:
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.