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Cypher

Harmonic sequences: Cypher or Shark expected BTC tried the Gann Square's arc and stagnated there for a while - the chart is developing precisely as we predicted . After the black swan summons the dragon, a cypher (.786) or a shark (.886) pattern is expected next. Usually, the chart rebounds approximately between 0.5 and 0.618, even when the consecutive pattern formation isn't inhibited. However, we don't see any such break in the chart this time. BTC exhibits immaculate movement of harmonic patterns sequence, which implies how deep and persistent this decline could be. For the details of this analysis, please look at the related ideas below. I will write an educational subject to explain the price action pattern shortly.
INDEX:BTCUSDShort
by jackrabbitrage
1
sloppy harmonicsif you learn one thing in crypto imo it should be the cypher and the shark harmonic patterns, the stop-hunt, liq grab fakeouts. higher high and lower low reversals. market makers love these simple, scammy, algo-driven (ratios are precise) fakeouts and they bank on you not knowing them and so letting your emotions get the best of you. learn about them if you haven't yet. protect yourself, don't get stuck buying the top or selling the bottom bc intro TA tells you a higher high is always bullish and a lower low is always bearish. don't let these clowns get your money, esp not when they're using the good name of math to hurt you. deconstruct their traps anyway this is sloppy, totally inexact, just here to remind myself and keep in my bag of confluence. the subjective nature and imprecision of harmonics is NOT an excuse to not use them imo. just like elliot waves. like everything else they are a useful tool when part of your bigger picture. blue is cypher (.786 finish) and yellow is shark (.886 finish), obviously targets depend where you start them, which is why that mid-18 confluence is interesting. (a lot of other confluence in that area too including just basic price action) use the cypher tool, not the XABCD tool with harmonics. they are slightly different in terms of how they calculate and the difference can matter stay safe out there, don't forget about the people who love you in spite of your gambling addiction (most of all GOD)
INDEX:BTCUSD
by FinanciallyCodependently
6
$TSLA Starting a LT position here in After hours 107.50I have a weekly timeframe cypher on $TSLA started a position here in after hours (107.50$) , I will add down to 103-104$, waiting for price action to take a full position, preferably a hammer/ pin bar, in 1-4 hr, daily tf would even be better. Take profit's are standard per my rules= tp1 stop is even, take half of position off tp2 take half of balance and move stop into profit tp3 is a runner only (if lucky) Please trade with care and size accordingly if interested, technically the stop needs more room per pattern rules. Trying to use the structure looking left to mitigate risk and make this pattern attainable. I would add layered calls and will post if price action cooperates. Thanks very much for looking and good luck to the $TSLA bulls 😁 Please share ideas, thoughts & comments below.
NASDAQ:TSLALong
by FrancesMarie
5