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Bullish Cypher

NZDCAD: BULLISH CYPHER PATTERN ON 15 MINS TIME FRAME !!!Hello Traders, Here we got a quick trade setup on FX:NZDCAD on 15 mins chart.. The Bullish Cypher Pattern has already been completed within the consolidation zone, now just waiting for the market to retrace back to the entry point (78.6% Fib level). Stops and targets are posted on the chart above. NOTE #1: We just got our entry triggered on the retest of the entry point. Trade is active now . 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 Twitter4.13% as well: moneymaking2016
Long
by moneymaking
EURUSD: Potential Bullish Cypher PatternShort and simple, I'm looking for a potential Bulish Cypher Pattern on the $EURUSD. Aside form that I don't have too much on my radar thus far going into today's Live Trading Room session. $EURJPY is the only other pair that I have orders on aside from yesterday's $USDCAD long. THURSDAY is our big day, not only do we have my usual Weekend Review Video coming out. Should be a very interesting one (so make sure you're subscribed to my youtube page) But Jason Stapleton also has his "Cracking the Code" workshop. Got to make it through today first though. Good luck out there today traders! Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered,com -The Premier Online Trading Education Company YouTube goo.gl Facebook: goo.gl Twitter: goo.gl You Can Also Follow Me On Instagram, Periscope & StockTwits @AkilStokesRTM
Long
by Akil_Stokes
33
USDCAD Two pattern setup: Bat and CypherThere are potentially two patterns forming in USDCAD, bullish Bat and bullish Cypher. Cypher will be completed at very interesting price level that worked as resistance earlier. Now that price has moved through that resistance we can assume that this level will be a new support level and price will test it before moving higher again. More aggressive trader might want to play Bat pattern as well. I´m looking for the opportunity to go long at least with the Cypher.
Long
by TPTrading
$EURUSD: "Structured Consolidation" Breeds Pattern OpportunityIt's been a very slow week for Jason Stapleton & the Trend Continuation side of the Syndicate, yet a very busy week for those who trade advanced patterns. The majority of advanced patterns are formed when the market is in what we like to call "Structured Consolidation" and this week more than a handful of the pairs in my portfolio are doing so. I'm currently short the $EURUSD on the bearish Cypher and if everything plays out the way I'd like, then I'll also be collecting profits and getting long at the potential bullish one in green (assuming it stays valid). It's Thursday so that means my FOREX WEEKEND REVIEW video will be coming out on YouTube. Make sure that your a SUBSCRIBER that way you'll be the first to know when it's released. In today's video i plan on talking about the grind of trading, my best trade ever and what i learned from it, and of course we'll be looking at a potential trading setup that you can add to your watchlist. See you then! Akil Stokes Chief Currency Analyst & Head Trading Coach www.TradeEmpowered,com -The Premier Online Trading Education Company YouTube goo.gl Facebook: goo.gl Twitter: goo.gl You Can Also Follow Me On Instagram, Periscope & StockTwits @AkilStokesRTM
Short
by Akil_Stokes
46
Long NZDUSD: Cypher + Shark + Pivots + Divergence + Oversold +TLNZDUSD has entered the PRZ of two bullish harmonic patterns. The PRZ is supported by two weekly trendlines and a series of missed pivots sit above price which may help add to bullish bias as well. Divergence can be observed on both MACD and RSI oscillators, in addition to an oversold RSI. Entry is placed at the base of the PRZ with SL below the second weekly support trendline and targets at .5CD and the unhit pivot cluster near the BC terminus. Bullish Confluence: Bullish Cypher Bullish Shark 2 Weekly trendlines Missed pivots above price MACD Divergence RSI Divergence RSI Oversold 1.618AB=CD 1.272BC Projection
Long
by glennmercer
4
NZD/USD Possible Bullish CypherOver the last week or so we have hit the a,b and c legs of a possible Bullish cypher. Looking at the RSI there is some bearish divergence. If this continues it should take us down to complete at point D and be in the oversold area of the RSI. There is a possible opportunity to get short down to the 0.67242 area. Would also be looking for an entry around this area, stop would be at the area of support of 0.66727. Any feedback / CC welcome this is my first time posting any of my Technical analysis.
Long
by Wonour
SIRIUS/XM Holdings, reasons to get short.... FUNDAMENTALS Arguably, satellite radio will be a phased out technology in the coming years. What the blackberry has been to communication devices, satellite radio will soon find itself in the dustbin of consumer products. Ever wonder why the SEC had such little problem with the Sirius/XM merger in the first place? The marriage of these two companies was figuratively monopolistic in the sense that they are the only game in town when it comes to SATELLITE RADIO, but there are so many other products it has it contend with.... It has to withstand a withering barrage against other products and services, such as youtube with bluetooth smartphone technology, Pandora, and the like. Fewer and fewer vehicle manufacturers are offering that new Sirius/XM radio pre-installed as you roll off the lot. Moreover, more consumers will not go through the headache of buying, installing, and subscribing to the service when these items simply aren't already in the car. I'm also confident that many without a vehicle are simply disinterested in buying their portable devices. Simply put, it's worn off. But.... what's propping up this company for so long? Enter the Howard Stern Show. Mr. Stern himself has been pulling further back and trying to market himself as a more family friendly person/elder statesman of radio. Case in point, the scaling back of 5 days of shows a week to 3 days a week, the elimination of his news department, and his involvement in the mainstream primetime show, "America's Got Talent.". Many hardcore Stern fans that have been with him since his peak in the 1990s have noticed a shift in his personality and show format that they find wholly unappealing, and has led to an online firestorm following an extended segment where he tried to adopt kittens out live on the air. What's more is that Stern's contract is up this month. Even with a renewal of Mr. Stern's contract for a few more years, his dwindling involvement even as his potential employment continues will not signal any kind of surge in this stock's price. We see price approaching a resistance level around the $4.16 area, a place it has not traveled to since of October of 2013, but more on the technicals later. Point is, even a Stern re-sign isn't going to help the stock's price bust through this level. I assert that the Stern Show is the only thing propping up this company. But as Mr. Stern makes awkward attempts to re-brand himself incongruent with his overall image, together with his dwindling involvement and resources devoted to his show, he continues to alienate even the most die-hard fans that support Sirius XM. The technology that competes with Sirius XM is becoming more lean and abundant and the show can only keep this company on life support for so long.....time to short. Long term, this stock WILL tank. I invite anyone working for the Stern organization or Sirius/XM to contact me personally to help consult on how to right the ship here so their stock price's decline will not be as calamitous. TECHNICALS As previously mentioned, we are approaching a resistance level around the $4.16 level, a place that price action hasn't traveled to since October of 2013. Long term, this stock WILL tank, .For our swing trading friends, we see two opportunities associated with this resistance level. There is a Cypher pattern nearing completion there (red) and a bearish Gartley pattern starting to form in the vicinity. The fall of the price will not be without retracements, as evidenced by the bullish Cypher pattern that is out on the daily. The bearish advanced patterns mentioned here are a great way to get in on the short, but just be aware that this stock's price has been banging around a channel between $3.98 and $4.16.
NASDAQ:SIRIShort
by BennyManieri