Cypher
EURAUD > Follow up On a Buy Setup.Follow up on #EURAUD
in my last post on EURAUD, I posted this setup and I explained how I will get in this trade, as you can see I did not get the confirmation at the completion of the D leg of this bullish harmonic Cypher pattern so I am now using plan B which is to wit for a further push to the downside as indicated in my last post "link below this idea"
Trading Plan:
>> If the EURAUD pushes further to the downside near my structure support level 1.4600 zone then look for a small bullish reversal pattern on the lower time frame looking for getting a buy trade with good reward to risk if the rules are met.
⚡ Be aware due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
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Thanks for your continued support!
EURAUD - Potential Bullish Cypher PatternHere on the EURAUD we have a potential bullish cypher pattern setting up. What makes this particular pattern interesting is the fact that it forms within a very nice bullish rejection zone from the daily chart. When it comes to advanced patterns, I don't need higher timeframe confirmation to tell if it's a valid signal or not, but if we happen to have some then it doesn't hurt the opportunity at all.
Please do me a favor & smash that LIKE BUTTON! Also if you have any questions or comments about this trading idea, please share it in the comment section below as I do go through & read each one.
Akil
EURAUD > Rare Bullish Harmonic Cypher Pattern!!Analysis on #EURAUD
The EURAUD forming a possible rare bullish harmonic Cypher pattern might complete near 147500 level
Trading Plan:
>> If the EURAUD completes my harmonics Cypher patterns you can either look to enter limit buy order or wait for a confirmation, for me, I will wait for a confirmation or a push further to the downside near my structure support level then look for a long trade with good reward to risk if the rules are met.
⚡ Be aware due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.
________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.
Thanks for your continued support!
$NAK Next Target PT .58 and not higherNorthern Dynasty Minerals Ltd. engages in the exploration of mineral properties in the United States. Its principal mineral property is the Pebble copper-gold-molybdenum project comprising 2,402 mineral claims that covers an area of approximately 417 square miles located in southwest Alaska. The company was formerly known as Northern Dynasty Explorations Ltd. and changed its name to Northern Dynasty Minerals Ltd. in October 1997. Northern Dynasty Minerals Ltd. was incorporated in 1983 and is headquartered in Vancouver, Canada.
$GLG Next Target PTs .50-.75 Long term PT 2.25 and higherTD Holdings, Inc. engages in commodities trading and supply chain service businesses in China. Its commodity trading business engages in purchasing non-ferrous metal products, such as aluminium ingots, copper, silver, and gold, from upstream metal and mineral suppliers and then selling to downstream customers. The company's supply chain service business covers a range of commodities, including non-ferrous metals, ferrous metals, coal, metallurgical raw materials, soybean oils, oils, rubber, wood, and various other types of commodities. It serves as a one-stop commodity supply chain service and digital intelligence supply chain platform integrating upstream and downstream enterprises, warehouses, logistics, information, and futures trading. TD Holdings, Inc. has a strategic agreement with Guangzhou Wensheng Blockchain Technology Co. Ltd. to apply blockchain technology in the supply chain financing and development of cloud-based warehouse. The company was formerly known as Bat Group, Inc. and changed its name to TD Holdings, Inc. in March 2020. TD Holdings, Inc. was incorporated in 2011 and is based in Beijing, the People's Republic of China.
$UPST Bullish Cypher FormationsUpstart Holdings, Inc. operates a cloud- based artificial intelligence (AI) lending platform in the United States. The company's platform aggregates consumer demand for loans and connects it to its network of the company's AI- enabled bank partners. Its platform connects consumers, banks, and institutional investors through a shared AI lending platform. Upstart Holdings, Inc. was founded in 2012 and is headquartered in San Mateo, California.
ATOM formed cypher for upto 28% profit rallyHi dear friends, hope you are well and welcome to the new trade setup of Cosmos (ATOM) coin with BTC pair.
Previously we had a nice harmonic trade of ATOM:
Now on a 4-hr time frame, ATOM formed bullish Cypher pattern. At the moment, after the completion of the final leg, the priceline is moved slightly up. Therefore, we need to wait for a little correction to buy it from the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
$SPYThe investment seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500 Index. The Trust seeks to achieve its investment objective by holding a portfolio of the common stocks that are included in the index (the "Portfolio"), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the index.
NEO coin formed bullish Cypher for upto 14% moveHi dear friends, hope you are well and welcome to the new trade setup of NEO coin with BTC pair.
On a 12-hr time frame, NEO formed a bullish Cypher pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
NASDAQ Bullish CypherAwaiting confirmation and volume.
Should have made the chart on trade view, but started on MT4 already, this type of trade ideas have about 80% probability of profit. But there are too many uncertainties in the market and the trade volume is currently low.
ES Daily 03/03: Bear temporarily in controlES rallied higher into open, then started to drop and soon broke the overnight low. It finally found a bottom around 4341, made a clear abc bounce, reclaimed over 61.8% then dropped almost the whole afternoon, made a double bottom 15 minutes before the close. The whole day action fits the typical pattern of reversal day, and the rally since Sunday night is choppy and overlapping, all of these force me to shift the odds to bears temporarily. Assuming this thesis is right, how low can we go?
Well the rally from past few days form a very nice parallel, so I have to take the abcde pattern into consideration. If this is the case, then we are likely to find support between 4290~4300, and bottom is more than likely to hit before tomorrow NFP or shortly after that. According to EW theory, such structure should not happen in wave 2, so I have to put it as wave (B). Given the news of Ukraine crisis still pretty much affect the market, this scenario fits pretty well. But once the 4290 is broken, next micro support would be around 4250~4260, and a standard wave (2) typically find support at 50~61.8% retracement, plus the whole hundred number effect, I would give a general support zone of 4200~4260, it would be hard to predict exactly where it finds the bottom, but I would be eager to find bottoming structure if market reach there and buy calls for further rally. And if bears is really strong, for example if whole Friday is trending down, then it's possible that we will finish a cypher pattern which target all the way to 4175, this case may also happen if Friday is weak and more bad news from Ukraine came during the weekend.
Please be noted my bearish bias is due to pattern, and it's purely short term. In the intermediate term, no matter what, I would expect the market find a bottom in next two trading days, and start our rally toward 4700, which could be in late March. Also bears in short term control only if afternoon high of 4395.5 holds or in the worst case, morning high of 4418.5 holds, whenever that happens, bear lost already, and we will go probably 4580 range next. Also bears need to start the drop no later than tomorrow's noon, any further delay would fail the pattern and we will probably need to find something else to match.