looking for bullish cypher set up into bull flagand have the sp500 futures retest 4100 breakout level
Bullish Cypher
EURGBPHi traders, EURGBP is setting up for a downside possible move watch price to go our mentioned pattern completion area and look price action on the top for a short position opportunity if price break 0.85786 level without hiting our mentioned pattern completion area then this setup will be invalidate.
Trade with your own strategy GOOD LUCK.
BTC Bullish Cypher Update #3: A Falling Wedge AdditionSince first identifying this Cypher on the weekly I have noticed that BTC seems to have been trading within this huge Falling Wedge and now this week after bouncing up from a much Smaller Daily Timeframe Bullish Shark for the second time, it is attempting a weekly Breakout of the more prominent Falling Wedge.
The Measured Move for this wedge breakout would be around a $29,580 upside move to which would take us very close to the 61.8% Retrace from high to low at $49.6k.
We currently have Multiple Harmonic Supports between $18.5k and $17.5k along with an Equally as strong Price Action Support Floor at around $18.5k based off of some weekly candle closes we got in 2017 and in 2020.
A screanshot of the much smaller Daily Bullish Shark can be seen here on the CME chart but can also be seen on the Bybit chart underneath the CME screenshot in the Related Ideas tab below:
USDCADHi traders, i am looking it the USDCAD chart if price go back our mentioned pattern completion area then i will be looking price action again for a short position opportunity, if price drop from the current area and break 1.37184 level without hiting our mentioned entry level then this setup will be invalidate.
If you are taking this trade so please i request you trade with your according strategy do not depend on my analysis, this analysis is just a scenario and i would love to be wrong GOOD LUCK.
Bullish Cypher on BTCThe chart no one is paying attention to but it may be the correct call. I have Bitcoin close to completing a cypher pattern around $16900. Also the hash ribbons has flashed a buy signal a few days back + divergence on RSI. We'll see what happens. DYOR
Bitcoin bullish based on HarmonicsBitcoin printing a bullish cypher harmonic pattern on HTF charts. Usual Cypher targets marked in green but I am more inclined into using harmonic patterns for trend reversals and determining my overall market bias / sentiment.
Not expecting any impulsive moves but I believe we have reached the bottom (or that the bottom is very near) with $BTC and we will start ranging for a bit to fuel the move to the upside.
Check linked idea for LTF scenarios for Bitcoin.
ADAUSD: Trading at Harmonic Levels of ConfluenceADA Right Now is Trading at the PCZ of a small Bullish Gartley(The Harmonic furthest to the right) and a Bullish Cypher(The Harmonic in the Middle) and A Shark(The Biggest one to the left) Usually ADA tends to lag after XRP so as long as BTC holds these levels we should be able to see ADA break above the trendline from here in the coming weeks or atleast test the trendline and if ADA Breaks the Trendline i'd expect to see it get bought up to the next maor resistance at 89 Cents.
The trendline mey just act as a Bullish Dragon Validation Line if it breaks out.
Here is a zoomed in screenshot of the Army of Harmonics we have here before us:
BTCUSD: Bullish Cypher at Weekly Support Congestion ZoneBTC leading to the Fed SPeaking in the 21st may see a rally from the Support Zone it's been trading within. It formed this Bullish Cypher/Shark on the Daily and rallied about 61.8% of the way before failing and pulling back down again. This sorta action is very dangerous as it makes me think it could be a Bearish 5-0 that could lead to us making a lower low and if we do that we will likely come back down to atleast the 786 retrace below at 17.8k. But as of right now the move down to PCZ of this Harmonic has been fast and on above average volume with a wide spread so i believe that we have a high chance of recovering the bearish price action and trading back to the top of the range as the new trading week begins, and if we break above the range we could see a secondary target of $26.5k
Beat the BATS - Harmonic Bat PatternsHi Traders, Investors and Speculators 📉📈
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
In today's analysis, we'll look at a different way to speculate the next immediate price action of an asset : the Harmonic Bat Patterns. There is a really cool tool on the platform that you can use called the Cypher Pattern, you can find this in your drawing toolbar, 5th from the top under the T for text. It helps you plot the points and identifies the correct distance for you clearly. I'm using it HERE :
From the chart, you can clearly see the bullish and the bearish bat example. If you move your mouse over the grey anchors, you will find the values that the distances between two points need to be. Spotting these patterns are extremely difficult and it takes a trained eye to spot them on a chart. However, if you're lucky enough to spot one, you have a clear trading setup with a high probability of win rate. NOTE that even though there are similarities, these are not the same as W-bottom patterns or M-patterns.
I hope you enjoyed and found value in this educational post today!
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CryptoCheck
Cardano: Bullish Cypher at an 88.6% RetraceWe have Bullish Divergence on the Weekly MACD and a Bullish Engulfing of the Previous Week at the 88.6% Retracement. I would like to call this a Shark but we are missing the 1.618 Extension however due to some of the other Bullish Variables i think that i would instead see this as a Bullish Cypher that went a little too deep to the 88.6% rather than the 78.6% retracement as we sttill have the 1.272 Confluence here.
EUR/HUF - 4H - shortterm bullish Cypher Pattern - longIt seems that on the short term 4H chart, a bullish cypher pattern is emerging.
Buy in if price reach 397,77 HUF
TP: ~407 HUF
SL: 394,80 HUF
Time interval: ~1-3d
Bullish Cypher/Shark on IntelIntel has Recovered a Downside Gap on the Daily and in the process of doing so has also created a Gap down and left a huge Gap yet to be Recover to the Upside. Suspiciously this has all happned near the Pattern Completion Zone of this Potential Bullish Cypher and leads me to believe that this is where intel will begin a Bullish rally to take us to the $50-$60 area.
DOT/USDT - Cypher pattern completed - LONGWe have a bullish Cypher Pattern completed at 32.32 on DOTUSDT daily chart, from where we might be able (I would say 80% chance) to launch the bull-rockets up to 46,40usdt.
We'll see, fingers crossed. :)
buy in: 32.32
TP1: 46,40
TP2: 55
TP3: HODL
SL/pattern invalidation: 25,00
All feedbacks are appreciated.
BALRAMPUR CHINI - Cypher PatternBalrampur Chini, daily chart had cypher pattern formation and we did see a bounce from its prz zone.
Now sustaining 370 levels, we could see it moving towards 390- 410 levels in the coming sessions.
CHAMBAL FERTILIZERHello and welcome to this analysis
The stock is at the PRZ of a Bullish Harmonic Cypher formed in Weekly time frame.
A bounce/reversal till 340 to 375 is probable as long as it does not break 250.
Risk Reward for the trade is v good at 1:3
Harmonic Trading Patterns consolidate and then give strong follow through of trends. Since this is based on weekly time frame, trading it via derivatives could be risky as it will be a time consuming one with pullbacks and sideway along the path till its target, hence, cash based entry is advisable.
$UVXY Next Target PTs 25-26 and higherThe index seeks to offer exposure to market volatility through publicly traded futures markets and is designed to measure the implied volatility of the S&P 500 over 30 days in the future.
$BOXD Next Target PTs 3.25-3.40 and higherBoxed, Inc. operates as an e-commerce retailer and an e-commerce enabler in the continental United States. The company through its e-commerce retail service provides branded and private labelled bulk pantry consumables, such as paper products, snacks, beverages, cleaning supplies, etc. to B2C and B2B customers, vendors, and enterprise retailers, as well as household customers. It also provides Boxed IQ, a content management suite, programmatic cost-per-click ad-platform, and vendor portal data suite, that offers vendors, suppliers, and CPG manufacturers the ability to advertise their products to customers, and access customer data and feedback in real-time; on-demand grocery services; and an enterprise-level e-commerce platform. Boxed, Inc. was founded in 2013 and is headquartered in New York, New York.
USDTJPY - Possible Bullish Cypher - 21 June 2022Possible Bullish Cypher forming after Reverse Head and Shoulders Breakout USDTJPY.
Something I missed on the Bitcoin Charts YesterdayTraders,
Quick Update: First, sorry I forgot to zoom in, but you'll get the idea. I just wanted to point out quickly a few things that I missed in yesterday's video.
-Stew
Harmonic ratios in bank niftyA perfect bullish cypher is going to hit it's second target where an bearish bat is waiting there to reverse the market, perfect turns could be anticipated with these ratios.
Elliott wave measures the end of 'B' wave & the beginning of 'C' wave - Bears are on the way.
ETC Long - Bullish CypherI have no idea what I'm doing with harmonics yet but this is my first shot. 1:4 risk/reward.
EURAUD SHORTS 📉📉📉📉 Expecting bearish price action on the EURAUD as price takes out buy side liquidity above the equal highs + rejecting a bearish orderblock area on the H1 timeframe. Also price rejectes exactly the institutional figure 1.46500 closing bearish below with a huge bearish momentum candlestick meaning sellers stepped in.
What do you think ? Comment below..
EURAUD SHORTS 📉📉📉📉 Expecting bearish price action on EURAUD as we are in a bearish market strucutre on A HTF premise. We had a bearis bos that confirmed for me the bearish market strucutre and for now i will look to enter short if price will come in my areas of interest. Bearish orderblock h4 + bearish imbalance 1.47000 and the second area 1.48000 institutional figure.
What do you think ? Comment below..
