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Cypher

FCPO TRADING : 267) huge bearish cypher patternJuz as I thought the fcpo-may is going to go down, it went up straight away and ...still haven't proved me wrong... don't get this on the wrong side...this is not emotional, I am not trying to save my sorry arse...as long as the price didn't pass the previous high at 3720, we still don't know whether this is still a bearish call or a bullish call...however, if price breaks higher than 3720 and close abv it, then the trend has reversed...that's all I can say... as for my latest discovery, the price might form a bearish cypher pattern, and advanced pattern appears frm fixed ratio out of fibonaci... entry at 3670...market closed at this price, SL abv 3720, 1st tp at 3600, 2nd tp at 3540... personally, I don't trade this one as the SL is too big for my account size...more than 50pts...not gud... 2 levels to watch, if price breaks abv 3720---then turn to long...if price breaks below 3460, then turn to short... if it bounds somewhr in between, then consider advanced patterns/patterns...or other sideway strategy... if u don't trade sideway/consolidation, then juz stay away... PS : again, dun try to trade every possible trade and think u can outsmart the market, it juz won't work that way... I am thinking to name this one as "shit does happen" but I double-check my analyst last friday and really found no problem with that, EXCEPT that I left out the part of naming a possible rebound can reach as high as 3720...the previous high itself... for those who think that if I said the market is going to go down last week, then this week the market rebounds, then it is my fault, I got nothing to say...EXCEPT that I don't have magical wand or crystal ball...if you happen to know a strategy which works 100% all the time (even though I don't buy it), pliz share with me, I would want to know too... *plan your trade and trade your plan... gud luck* resistance : 3720 (abv this is bullish) support : 3600 lower critical support : 3460 (below this is bearish) WARNING! RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
MYX:FCPO1!Short
by HAIDOJO_trading
2
eurusd. advanced formationsAdvanced formations are a bit different from harmonic patterns. They differ in ratios and trading tactics... I'd say advanced formations is completely different approach (although patterns look like triangle on a chart - same as harmonic patterns). Now back to the idea... We have a confluence of two patterns - a cypher advanced formation and a butterfly advanced formation. They point almost at the same level. So, the level becomes a level of interest. Let's see what happens if price goes to test the level.
Short
by Alexander_Nikitin
9
Ethereum completing big Cypher for upto 58.5% rallyHi friends hope you are well, and welcome to the new update on Ethereum coin. On long-term weekly chart chart, After formation of BAT and Gartley patterns, the priceline of ETH with BTC pair is completing the formation of bullish Cypher pattern and soon it will be entered the potential reversal zone There are also 50 and 100 simple moving averages supports in this buying zone. This trade has a profit possibility of 58.5%, and the loss possibility is 14%. 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
3
Zilliqa formed Cypher for up to 16.5% profit moveHi dear friends, hope you are well and welcome to the new update on Zilliqa coin. On 4-hour chart, After the formation of the Gartye pattern, the priceline of Zil has completed the formation of the bullish Cypher pattern and after hitting the spike in the potential reversal zone it is moved up, but it can be expected that it will give us another chance to catch it fro the buying zone. this trade has a profit possibility of 16.5%, and the loss possibility is 4.5%. 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
REEF has completed another harmonic Cypher moveIn reference to the previous post: The REEF has also completed a Cypher move against BTC . Therefore I would suggest changing your buying and sell targets accordingly and if you have already bought the REEF as per the previous post's buying levels and use these sell targets to sell REEF. There is still 50 SMA support below the potential reversal zone of this Cypher move however on breaking down the buying zone and the 50 SMA I would suggest considering it as a stop loss.
RLong
by moon333
1
Unifi Protocol DAO formed Cypher pattern | upto 33% expectedHi dear friends, hope you are well and welcome to the new update on Unifi Protocol DAO. On 4-hour chart, the priceline of the UNFI token has completed the formation of bullish Cypher pattern and entered the potential reversal zone. There is also 100 simple moving average support. At this time after completion of the pattern the price action has just spiked in buying zone, I am expecting it will give another chance to catch it from the potential reversal zone. this trade has a profit possibility of 33%, and the loss possibility is 8.5%. 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.
ULong
by moon333
3
USDCHF Sell de Rally and BlindI will sell, if asked to take a profit where at least 1.382% like the analysis image, Save the Confedratio Disclaimer : This is just a personal analysis as an analysis note, and it means a lot to me. Please do not act as a signal to enter a trade because the analysis I post can be wrong. If you follow this analysis please complete it with great detail And always with care. ----------------------------------------------------------------------------------------------------------------------------------------------------- Price Action Trading MOdern (PATMO)
Short
by Ali_Wibowo
Ethereum may complete Cypher move for upto 61% rallyHi dear patrons, hope you are well and welcome to the new update on the Ethereum coin. On the long-term weekly chart, the price action of the price action of Ethereum with Bitcoin pair,1st formed BAT pattern then Gartley and now completing the final leg of another bullish Cyhper pattern and soon it will be entered in potential reversal zone. On breaking down 25 SMA the move will be confirmed. There is 100 SMA in the potential reversal zone to provide good support. this trade has a profit possibility of 61%, and the loss possibility is 14.5%. 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
POTENTIAL LONG (BULLISH CYPER + BAT APF) H1 TFPOTENTIAL LONG BULLISH CYPER + BAT APF H1 TF *W4C IS THE BEST WAY TO ENTER Abbreviations / Keywords: LTF - Lower Time Frame HTF - Higher Time Frame TF - Time Frame TRS - Trend Reversal Strategy CRT - Counter-Retail Technique / Break-out APF - Advance Pattern Formation W4C - Waiting for Confirmation LLCC - Lower low, lower close HHHC - Higher high, higher close SL - Stop loss TP - Target Profit POR - Point of Ruin RRR - Risk Reward Ratio Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses that will occur in your account during trading. You and you alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading. So trade at your own risk and do not invest money you cannot afford to loss..
Long
by Blessed_Trader22
POTENTIAL SHORT (BEARISH CYPER APF) H1 (TF)POTENTIAL SHORT (BEARISH CYPER APF) H1 (TF) *W4C IS THE BEST WAY TO ENTER Abbreviations / Keywords: LTF - Lower Time Frame HTF - Higher Time Frame TF - Time Frame TRS - Trend Reversal Strategy CRT - Counter-Retail Technique / Break-out APF - Advance Pattern Formation W4C - Waiting for Confirmation LLCC - Lower low, lower close HHHC - Higher high, higher close SL - Stop loss TP - Target Profit POR - Point of Ruin RRR - Risk Reward Ratio Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses that will occur in your account during trading. You and you alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading. So trade at your own risk and do not invest money you cannot afford to loss..
Short
by Blessed_Trader22
CypherSomething that we can notice here, it's the big probability of a possible reversal to the downtrend, cuz here we can see a lot of correlation points that may push the price to the downside soon; There we have a downtrend line that has to be tested I believe this week and that TL it's crossing the PRZ of the Cypher pattern and the AB=CD, and all of these points together are inside the Resistance Zone. That gives us a clue of what is going to happen here, we just have to follow all the rules as we always have been following. That being said let's go to the basic rules: Rules: 1. Harmonic Patterns Completion - Waiting; 2. PRZ Hit - Waiting; 3. PRZ Test -Waiting; 4. Terminal Bar - Waiting; 5. Type-1 Reaction - Waiting; 6. Type-2 Reversal - Waiting; 7. Candlestick Reversal Sign - Waiting; 8. Candlestick Confirmation Sign -Waiting; 9. RSI Reversal Sign - Waiting; 10. RSI Confirmation Sign -Waiting; 11. Risk Management - Applied; 12. Risk / Reward - 1/3. " Who is wise and understanding among you? let him show by his good life his works in meekness of wisdom." James 3:13
Short
by JonyFxHunter
2
POTENTIAL SHORT (BEARISH CYPER+BEARISH BUTTERFLY APF) H1 TFPOTENTIAL SHORT (BEARISH CYPER+BEARISH BUTTERFLY APF) H1 TF A TRIPLE CONFLUENCE OF ANALYSIS BEARISH TRENLINE/CYPER AND BUTTERFLY BUT STILL W4C BEFORE ENTER THE TRADE.... TRADE AT YOUR OWN RISK... Abbreviations / Keywords: LTF - Lower Time Frame HTF - Higher Time Frame TF - Time Frame TRS - Trend Reversal Strategy CRT - Counter-Retail Technique / Break-out APF - Advance Pattern Formation W4C - Waiting for Confirmation LLCC - Lower low, lower close HHHC - Higher high, higher close SL - Stop loss TP - Target Profit POR - Point of Ruin RRR - Risk Reward Ratio Risk Disclaimer: This is not a trade signal hence we'll not be held responsible for any losses that will occur in your account during trading. You and you alone are responsible for deciding if you are comfortable accepting the potential risk involved in trading. So trade at your own risk and do not invest money you cannot afford to loss..
Short
by Blessed_Trader22