EURJPY H1 BACK TO BACK POSSIBLE CYPHER PATTERNSHi there,
In the comments below I will share a link where you can watch a video which i just did and discuss these patterns with you
Bearish Cypher
EURCAD Two Pattern Short SetupEURCAD is forming bearish Gartley and bearish Cypher patterns. D points are the same for both of the patterns so probability of price turning at D is high.
X point is at retest of structure.
I´m looking for a trend continuation trade to downside.
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EUR.JPY - Daily Bearish Cypher Pattern 134.638On the EUR. JPY Daily chart we have a potential short opportunity at the D leg completion of a Cypher Pattern
The price reversal zone on this pair is large as we are looking at a daily chart.
PRZ - 134.622 & 136.672
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the daily Cypher Pattern placed at the 38.20% and 61.80% retracement of the C to D move.
Stop loss would be placed above X leg structure resistance.
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USDCAD 4hr C to D leg4 Days Ago I posted this up and as I predicted we came down and touched previous support 3 times, which bodes well for a rise up to Point D of the Cypher
I will look and see how the market opens and look to take a long position to point D Good risk reward as well
USDCAD bearish Cypher long TargetI feel if we can see a candle close below the previous support we could see a further drop to point C which is the next strong structure support, it will also take us into the oversold area of the RSI.
From here once I have confiramtion I will look to go long to point D of the Cypher
AUDCAD - Bearish Cypher on 15 MI came late and got filled at a better price on AUDCAD Bearish Cypher Pattern 15 M.
Since market broke higher on 1H we are in sideways move - and I love sideways because of the pattern :)
Good luck!
Alex Von Rose
Professional Trader and Founder of www.beaprofitabletrader.com
Twitter/Instagram - @Alex_Von_Rose
EURUSD: VALID BEARISH CYPHER PATTERN CLOSE TO COMPLETION !!!Hello Traders,
Here we have a valid bearish cypher pattern , which is coming close to the completion point. Look at the 4 hour chart, this pair is still in consolidation zone and this is where patterns tend to be highly profitable, with this bearish cypher pattern having 60% to 70% winning ratio. Targets and stops are labelled on the chart above.
Please feel free to AGREE or DISAGREE with this idea by leaving a comment below. Hit that thumbs up button (top left corner of this chart) if you like the idea. Thank you everyone for all the SUPPORT that you have given me so far, I truly appreciate it. Good luck everyone :)
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Bearish Cypher Setup on EUR-JPYA Bearish Cypher pattern is building up on the EUR-JPY on the 30 min timeframe.
Cypher completion and entry zone between 128,465 and 128,500.
There is also a little bit of resistance found at this price.
Stoploss should be around 20 pips above X. ( 128.950 )
USDJPY BEARISH CYPHER @H1Bearish Cypher Pattern on USDJPY Hourly chart.D point has stopped in a resistance point making the reversal stronger.Stop loss should be placed in the next resistance point and target 1 is at 38.2 fib level,target 2 61.8 fib level.
Potential bearish cypher @ 0,7571If 0,7571 is hit a Cypher pattern is completed and a buying opportunity arises.
EURUSD – Bearish Cypher on 1 HI have my eyes on a Bearish Cypher here on EURUSD 1H. The entry level lies right at structure level.
We can see that on 1 H market is In sideways move, so I won’t go for extended targets.
Good luck!
Alex Von Rose
Professional Trader and Founder of www.beaprofitabletrader.com
Twitter/Instagram - @Alex_Von_Rose
XAUUSD: VALID BEARISH CYPHER PATTERN WITH MEASURED AB=CD MOVE!!!Hello Traders,
Looking at FX:XAUUSD on 4 hour, we see a valid Bearish Cypher Pattern that has already been completed, with the market currently at the entry point (78.6% Fib level). We also got a measured AB=CD move BUT not a harmonic move, since we never retraced back down to the 61.8% Fib level of AB leg. It would be better to take the partial profits at the 50 MA (magenta line) since market respects this MA quiet well and we don't want to give back all the profit we have made just for few pips. Thus consider taking half of the profits at the 50 MA instead of 38.2% Fib level. Secondly, the stop loss is placed couple of pips above the X point BUT keep in mind that it is not above the highest high (marked by the blue rectangle on the chart above). The reason being that the risk to reward becomes quiet unfavourable if we were to place stops above that highest high, so do keep that in mind.
KEY NOTE: Since the D point never closed above the X point, the cypher pattern is still VALID. Our short entry would still be at the 78.6% Fib retracement level.
Please feel free to AGREE or DISAGREE with this idea by leaving a comment below. Hit that thumbs up button (top left corner of this chart) if you like the idea. Thank you everyone for all the SUPPORT that you have given me so far, I truly appreciate it. Good luck everyone :)
Follow me on Twitter-0.04% as well: moneymaking2016
Potential Bearish Cypher EURUSD !Another possible bearish cypher pattern.
I expect the market to come around our D point during London session and our orders are in place already to short EURUSD.
If this idea suits your plan too then check your stops & targets before entering.
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Bearish Cypher EURJPYEURJPY is at the moment consolidating which is a good thing for pattern traders.
Spotted this potential Cypher about to complete.
Always conduct your own analysis before placing a trade.
Bearish Cypher PatternNIce Opportunity in this trade during the night. A Bearish Divergence and an excellent risk / reward ratio,the 2 powerful tools in this one .
Perfect Bearish Cypher - EURAUD Go ShortHey Guys... What's Up...
If you are following the idea posts for past two days there were plenty of pattern trades we had in past 48 hrs and market is kind enough & gave Profits.
So here come another Cypher....Lets get ready to Go short on EURAUD
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EUR.JPY - Bearish Cypher PatternOn the EUR.JPY 1 hour chart we have a potential short opportunity at the D leg completion of a Cypher Pattern
The price reversal zone on this pair is between 128.451 & 128.603
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Potential targets for the Cypher Pattern placed at the .382% and .618% retracement of the C to D move.
Stop loss would be placed above X leg structure resistance.
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Bracketing the market with advanced patternsEur/Jpy has a some good opportunities setting up for those advanced pattern trader out there. You have a bearish cypher pattern that will complete at 128.446. Or the Bullish Gartley pattern which will complete at 126.863. Both are great opportunities. Cyphers have an excellent win rate, while this Gartley has an awesome risk to reward ratio since the A-B leg is so deep.
Bearish Cypher pattern setup, 30 min chart on the EUR/JPYPossible Bearish Cypher pattern on the EUR/JPY 30min timeframe.
Waiting for price action to come back into the 78.60% retracement and here i wil be looking to sell.
Stoploss should be at least 20 pips above X, Around 128.95.
EURJPY Daily : Will it rally??Keep this pair on your watchlist. We are at support and bullish bat pattern has been completed, the CD leg of Cypher pattern can emerge too.
Possible Cypher pattern ( Bearish) X @ 128.75Possible Bearish cypher is forming with CD leg completion D @ 128.57 in FX:EURJPY .
If all goes fine, CD leg completes at expected level, will take short position.
Adjusted our entry levels to get better Risk:Reward.
