Bullish Cypher
EURNZD Bullish Cypher? 260 pips We've probed this trade a bit when it didn't find 50EMA support -
LONG CYPHER?
Point B formed when price retraced XC and closed past 0.382 & closed before 0.618
Point C formed when price extended XC and closed past 1.272 but not beyond 1.414
We have a valid CYPHER if point retraced XC down to the 0.786 region, in which case...
Limit order at at ~ NZD 1.70318
Stop loss at 100 pips ~ NZD 1.69304
264 pips as follows:-
Take profit 1 at retracement of CD to 0.382
Take profit 2 at retracement of CD to 0.618
t > @bizlus
$CMCSA BULLISH CYPHERlooking at price action on comcast from the election in 2016 on the daily time frame. I have plotted a bullish cypher which price has obeyed pretty well. This is not the best of the patterns in terms of R/R, but thats why its our jobs as traders to understand that and position accordingly.
My game plan is to get long here under todays high if possible and position for a stop just below the November low. 1st target at 37 second, 2nd @ 40.
IOSToken ETH Bullish Cypher? Point A, B and C all established in this bullish cypher, but where does D go ?
IOSToken has been trading well, a nice low coin which if shoots could give some good return. Except pump n dumpers jump in, trading activity is quite good?
Yellow or Gray cypher - your thoughts?
@bizlus
UsdCad Cypher bullish 3H. Hello Again!
Here we go, let's wait for the D leg, on the retracement 0.786.
TEST
In the meanwhile, i will try something new, gonna make a trade, of the retracement from the C leg.
Targets 1: 0.382
Targets 2: 0.786
Stop loss: right above the 1.414, where the cypher will get decline.
RSI: Oversold.
EurGbp cypher Bullish on the daily, with the "sideway trend" "Hello! Hope u all have a great weekend.
Here we are looking on the EurGbp, and the daily time frame, we got a sideway trend, it doesen't know wich way the want to move.
And behind the lines, we got a cypher pattern.
We will just wait for the D leg to complete.
D complete on : 0.87511.
Targets 1: 0.88320
Targets 2: 0.88842
Stop loss: 0.86667
1:1 trade.
RSI: close to oversold.
CHF/JPY - Bullish CypherHello traders, it appears CHF/JPY has formed a bullish cypher pattern on the 15m chart.
This is an excellent long opportunity with a potential 1:2 risk to reward.
The measurements for a valid cypher are detailed below.
B: 0.382 - 0.618
C: 1.272 - 1.414
X to D: 0.786
As always keep your risk in check and apply sound trading knowledge to come to trading decisions.
I have not yet executed this position, I will be monitoring today and analysing the minor/major timeframes.
The same pattern can be found on NZD/JPY 15m chart as well.
Feel free to connect with me below :)
NzdUSD, cypher bullish, 2 hourHello Again!
Here we go.
Cypher on the 2 hour time frame.
We got the 15min time frame, cypher patter complete.
And now looking for the D leg, on the big and small cypher patter bullish.
The big one D complete: 0.72365
The smaller one D complete: 0.72690.
ill look for the Smaller one first, and if this one not will complete, the bigger one.
Rsi almost oversold.
Let's wait and see. :)
NZDUSD, cypher bullish 15 min timeframe. In the small World, there will be wins, and trades.
Still wait for the gartley, 1 week.
Are you fast?, let's wait for the dip. And the D point, market have been oversold, let's a few pips more, and we will hit it.
Targets 1: 0.73014
Targets 2: 0.73097
Stop loss: 0.72770.
Bullish Cypher Pattern & Falling Wedge for DigiByteDigibyte is in a downtrend for a long time and in the near future (in 2 weeks i guess) uptrend will begin.
At 233 sats (fib 78.6 level X-C uptrend) Bullish Cypher Pattern will be formed. At the same time frame both price and RSI have to break out and uptrend has to begin.
First 2 targets are fib 38.2 and 61.8 levels as i pointed.