Spring / backtest of spring at an inflection point.BINANCE:RAMPUSDT sprung and is trying to backtest the spring atm. There was a textbook bullish cypher with a confirmation low painted on the chart. Nice low risk entry. Good luck traders!
Cypher
Cypher@0.786XABearish Cypher@0.786XA
Be ready to go short soon.
The price it's 98% close to complete the pattern also to hit the PRZ and start testing it
and this is correlating with the Weekly downtrend line crossing the PRZ,
creating that a strong zone that will probably deny the price to continue up!
Rules:
1. Harmonic Patterns Completion (Harmonic Pattern Cypher ) - 98% Complete and 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.
" It's the Lord your God,
you must follow, and
him you must revere."
Deuteronomy 13:4
Cypher long 4H/16HSetup
Entry: 0.8494
Stoploss: 0.8426
Target: 0.8557
Risk/reward: 1:0.92
Caution
If the stoploss is too big, downsize you position(s)!
heyheyIt’s not a mystery that geometric patterns are in the Forex price chart. And the cypher pattern is a very good representation of that. The Cypher pattern forex is part of the Harmonic trading patterns and is the most exciting harmonic pattern. This is because it has the highest winning rate.
Our team at Trading Strategy Guides is building a step-by-step guide on Harmonic trading patterns. We recommend reading the introduction of harmonic patterns. Read the article here, Harmonic Pattern Trading Strategy- Easy Step By Step Guide
GMM PFAUDLAER LTDThe stock has Cypher Pattern Probability on Daily Chart, if it unfolds stock might test 5000- 5100 levels in the coming sessions.
Buy on Dips for me.
TLM/USDT (Interval 1D) Bullish Cypher PatternTLM is making a bullish Cypher pattern, I suspect the price will rebound from here if the pattern plays out. I have marked the SL incase of pattern invalidation.
AKRO\USDT [AKROPOLIS]A large Bullish Shark and Bullish Cypher harmonic patterns. Price back above a critical support zone, as well as above the 200 SMA on the 4H, and the 20 SMA on the Daily. Class C Hidden Bullish Divergence on the MACD, signaling a continuation of upward momentum.
OXTUSDMID-TERM: Close to a bullish cypher, that found the PCZ at a historical demand line, and is breaking out of a short term supply line. (not financial advice)
ZECUSDMID-TERM: Nearly a bullish cypher that found the PCZ at a historical inflection point. (not financial advice)
Iggy Azeala to, Dua LipaThis is a special chart here. On the decline, look to the United States dollar and Japanese yen to be the safe haven currencies.
EUR/JPY : CYPHER PATTERN IN DOWNTREND - PRICE WILL FALLWelcome back Traders, Investors, and Community!
Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Have a Good Day Trading !
AUDCAD BEARISH CYPHER PATTERNLooking to Buy up to the 0.786 completion on this cypher pattern Then sell back down. If it drops below the 1.414 level then the pattern becomes invalid
TRB cypher of shark pattern#TRBUSDT
I can see this harmonic pattern in $TRB that can be shark pattern and price will reach $70. or it can be cypher pattern then price touch $62 in midterm.
EURJPY Bearish Cypher 4HEURJPY- BEARISH CYPHER
trade idea is shared with risk reward ratio of 1:2.
Kindly enter in trade when any Bearish or reversal candle is seen at the entry price 👆🙏
best of luck
EURGBP BEARISH CYPHERSHORT trade analysis on EURGBP .
Graph is looking bearish from resistance zone to lower support area . Price recently completed Bearish Cypher Pattern , on last higher high made Regular Bearish Divergence as well and started to fall . Trade idea is also shown on RSI indicator.
If you liked this idea or if you have your own opinion about it, feel free to write in the comments.
BTC 5-0 Pattern! Bullish!BTC currently trades around EMA200 and between fib 0.5 - 0.618 Hope this will be the last dump.
BTC Bullish 5-0 patternBTC currently trades around EMA 200 and between fib 0.5-0.618. Hope this will be the last dump!
Time to BTFD in ES_F?Greetings traders! A big down night in the stocks on the back of the Evergrande story, but are we technically at a turning point? Each of the highlighted pivots has a technical relationship to the high and todays low. Go check them out for yourself! Add to that some very nice channelling that helps to solidify some Elliott Wave patterns (potentially) and a Cypher reversal pattern that has completed, and we have many layers of confluence that makes me think the market could try and reach back to the retracement zones between 4420 and 4450 where the 50 MA lies. The 50MA has provided good support for the mkt all year. Will it now turn into resistance?
EUR/USD: ADVANCED HARMONIC PATTERN STUDIO IN H4 | NEW CYPHERGood morning Traders, today we do the analysis of the EUR/USD exchange rate in H4 time frame analyzing the formation of the advanced patterns of Fibonacci technical analysis, the Harmonic patterns. In previous Ideas I have shown how our Idea on the EURO is on the downside, and the price in recent sessions It has reacted very well to the formation of the Bearish SHARK Pattern. Since yesterday the price has started a normal retracement that according to our forecast is preparatory for a new decline. Just in the last few hours another harmonic figure has formed in the Time frame H4, a Bearish Cypher. We have plotted in the chart its reversal zone and the stop loss fixed by the manual at the reverse 1.13 Fibo retracement. Should the price continue to rise, our entry level will be at 78.6% fibo with SL at 1.13%.
$RUN Cypher w levels Lets see, possible harmonic in $RUN w 618% noted(often will bounce here on cypher) all details in chart, this is not off scan, just a powerful stock
last $RUN play that fizzled out after tp 1
Low tf Cypher In $BTC Still inside larger pattern, pulled back to trigger level will post chart below) , higher failure rate use caution here please , due to lower time frame, 2 hr inside bar at trigger w 4 hr pin bar. In my opinion, $BTC looks lower to be honest.
weekend Hit take profit 2 and dropped=
