USDCHF Sell de Rally and BlindI will sell, if asked to take a profit where at least 1.382% like the analysis image,
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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.
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Price Action Trading MOdern (PATMO)
Cypher
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.
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..
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..
DOGEUSD- THE BLACKSWAN IS FAR FROM OVERSO it seems as if during every bull--run most people drawing shapes on charts turn out to be geniuses.... i would not be surprised if this geometry proves to be valid anyways i am awaiting a correction on this meme cryptocurrency which surprisingly has one of the most supportive communities.
TLDR;
doge maybe goes to red shaded zone
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
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..
DOGE coin completing Cypher move for upto 76% rallyHi friends, hope you are well and welcome to the new update on Dogecoin.
On the small-time period 4-hour chart, the price action of the Doge is completing the final leg of another bullish Cyhper pattern and soon it will be entered the potential reversal zone. There is also good support of 25 SMA at the very start of the buying zone, 50 simple moving average in the buying zone, and 100 and 200 simple moving averages below the buying zone.
This trade has a profit possibility of 76%, and the loss possibility is 17.5%.
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.
XRP completed Cypher pattern for up to 70% profit rallyHi dear friends, hope you are well, and welcome to the new update on XRP coin.
On the small-time period 4-hour chart, the price action of the XRP has completed the final leg of bullish Cyhper and entered the potential reversal zone. There are also good support of 50 SMA in the buying zone and 100 and 200 simple moving averages below the buying zone.
This trade has a profit possibility of 70%, and the loss possibility is 16%.
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.
GBPUSD - Potential Bat, Cypher & Gartley PatternsFirst & foremost I apologize for being away from tradingview for so long. I do try to make a habit of posting here every once in a while, but it's been a busy start to the year so my priorities have been elsewhere (as you've most likely seen).
Speaking of busy, it's been an extremely busy year for pattern traders as well. For me, personally, 15 of the 18 trades that I've taken thus far have been pattern formations & that's due to the massive amount of consolidation that we've seen in the markets.
The GBPUSD is one of those pairs that has been consolidating of late & it currently has 3 potential pattern formations setting up. Now the only one that we need to pay attention to now would be the potential bullish bat at the bottom since the D leg is almost complete. But if it provides us with a bullish response, we would then be in the process of potentially completing the C to D legs of the bearish Gartley & Cypher Patterns as well.
We'll need to keep an eye on these to make sure none of the requirements are violated but wanted to share these potential opportunities with you.
Your Trading Coach - Akil
ICON (ICX) Will Set New High After Breaking Out This ResistanceHey friends, hope you are well, and welcome to the new update on ICON coin.
Cypher move and a 200% rally:
In the month of Oct I posted a chart, in which I showed that the price action of ICX with US Dollar pair has formed a big Cypher on monthly chart and soon it will be turned bullish from the potential reversal zone of this pattern.
Support and resistance levels:
On ICX with US Dollar pair, after the 200% move the priceline has found resistance at $0.95 and after getting rejected by this level the priceline broke down the previous support of $0.80 and after getting bounced by daily 25 simple moving average again breaking out the $0.80 resistance level.
Up channel:
On a daily time period chart, the priceline of ICX coin with US Dollar pair is moving in an up channel. After the recent bearish move, the priceline spiked below the support and used 21 exponential moving average as support and re-entering the channel right now. If the priceline will again reach the resistance of this channel then we can see an imminent move up-to $0.95.
Big Shark move:
On the monthly time period chart, ICX with Bitcoin pair has completed a big Shark pattern and now it is gearing up. So we can expect a big move soon in the BTC market and in the US Dollar market as well.
Long-term final resistance:
The ICX with Bitcoin pair has been bounced from the 0.00001400 btc support and reached the next resistance at 0.00003000 btc, after this level we have the next resistance at 0.00006100 btc and the final and key level resistance can be 0.00009100 btc because in long-term there is no significant resistance after this level.
Conclusion:
Once the priceline will break out the key level resistance and it can surpass the highest price and set the new high in the history of ICX coin.
CADCHF H4 - SHORTCADCHF H4 - SHORT
Cypher pattern with D-completion at 0.786 fibonacci retracement of XC leg.
Look for selling opportunities within the D completion and resistance level for a SHORT opportunity. Otherwise, you can potentially place a SELL LIMIT ORDER @0.70363 for a sniper entry to catch a 1:2.5 trade towards the next support area.
Understand that this is a countertrend trade and the idea behind this is to capture 1:1 as soon as possible.
For those in USDCAD, you may be exposed to 2 CAD pairs therefore, manage your trade.
CADCHF > Advanced Harmonic Pattern, Sell Setup!!If you enjoy this free analysis please like and leave a comment below it will really support creating more free analysis and ideas for you.
Analysis of #CADCHF
Hello friends,
Possible Cypher pattern might complete soon, there are two ways to trade this pattern.
1-Aggressive entry by setting a limit order at D completion
2-Conservative entry by waiting for confirmation at the structure level, which I prefer
let me know in the comment what pair you want to see the analysis for in my next free analysis
Safe trading everyone
Check today analysis below⠀
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-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you
USDJPY Short Trade IdeaFollowing the previous week's 3rd wave impulse move by UJ, this is the update on the end of the third
wave and the possible beginning of the 4th wave pullback. At the very same time, it appears that a
cypher harmonic pattern is underway. I am looking to capitalise of the CD leg of the harmonic pattern
and then later take on the 5th wave to complete the impulse move.
Let me know down below about your views on UJ for the coming week, it may be a very interesting
move.
Targets:
- 104.450
- 104.340