Cypher
LINKUSDT 4H LONG PLAN:Raise CypherLinkusdt 4H Cypher configuration
Point B should be retracted at least 0.382XA,
but not physically placed at 0.618 (shadow line contact is allowed)
Point C is between the 1.27 (1.13) - 1.414 extension of XA,
but it cannot be physically retracted beyond 1.414 (allow shadow line touch)
Entry point: 0.786XC
Stop loss point: below the X point, set the stop loss according to the volatility
Target 1: 0.382 CD
Target 2: 0.618 CD
Target 3: C point or higher
Entry point: 16.315
ATR: 0.513 x point: 14.969
Stop loss: 14.456 (- 1.859)
Target 1: 18.00 (+ 1.685)
Target 2: 18.631 (+ 2.315)
Opinions are for reference only and do not constitute investment suggestions
WEEKLY - Momentum is down and we might be further shorts.EURUSD took a major swing point liquidity which when this happened i was looking for buys, however looking into next week we see price action is being pull towards the next major low. I will be looking for london manipulations and continuations in New york sessions. Keep your analysis simple.
CADJPY > In Depth Analysis for A Buy!!Friends I am overwhelmed by your generosity, thanks for the likes and comments, thank you for being so giving and kind, not many people have the virtue of generosity.
Analysis on #CADJPY
Similar to my previous analysis on CAD in this setup we have
1-trendline support,
2-ABCD pattern,
3- Cypher pattern
Look the CAD is weak so if you want to trade it just be careful.
Thank you so much for your support.
Check today analysis below⠀
>>“ Only trade when the probabilities of the market going in your favor are greater than it going against you." TradingAxis
Chainlink (Link) formed big Cypher for upto 150% big moveHi friends, hope you are well and welcome to the new update on Chainlink (Link).
On the weekly chart, the price action is at the support of an up trend line:
At the same time on the 2-week time frame chart, the price action has formed a big Cypher pattern.
Buy and sell targets:
Buy between: $23.65 to $16.78
Sell between: $29.05 to $42.01
Stop loss:
The maximum extent of the potential reversal zone $16.78 can be used as stop loss.
Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 150%, and the loss possibility is 29.However, the price action is at the end of the buying zone. Therefore it is a low risk trade.
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.
Akropolis (AKRO) formed bullish huge Cypher for upto 200% rallyHi dear friends, hope you are well and welcome to the new update on Akropolis ( AKRO ).
On the 2-week time frame chart, the price action of AKRO has formed a bullish Cypher , due to extreme sell-off the price action broke down the potential reversal zone but now it has re-entered the buying zone. In my opinion, it has big potential, and right now the priceline is also breaking out the EMA 21 on the 2 weekly chart.
IRISnet (IRIS) formed cypher for upto 30% moveHi dear friends, hope you are well and welcome to the new update on IRISnet (IRIS).
On 4-hourly time frame chart, the price action of IRIS has formed a bullish Cypher.
EURAUD - 1H Bearish Cypher, Double TopEURAUD - 1H Bearish Cypher
Pair shows completion of Cypher pattern at 78.6%, also showing the formation of double top.
RSi divergence is seen, however, BB is not showing volatility divergence yet.
More confirmation is needed, probably lower low lower close.
Looking for 38.2% as min retracement.
RAMP formed big bullish Cypher for upto 220% huge rallyHi dear friends, hope you are well and welcome to the new update on RAM token with BTC pair.
On the 2-week time frame chart, the price action of RAMP has formed a bullish huge Cypher .
CADJPY > Possible Bearish Harmonic Cypher Pattern!!Friends I am overwhelmed by your generosity, thanks for the likes and comments, thank you for being so giving and kind, not many people have the virtue of generosity.
Analysis on #CADJPY
Another possible bearish harmonic Cypher pattern similar to my analysis on CADCHF, it might complete soon near structure resistance level to provide a reason to get in a sell trade if it meets the rules for entry
Check today analysis below⠀
>>“ Only trade when the probabilities of the market going in your favor are greater than it going against you." TradingAxis
CADCHF > Bearish Harmonic Cypher Pattern!!Friends I am overwhelmed by your generosity, thanks for the likes and comments, thank you for being so giving and kind, not many people have the virtue of generosity.
Analysis on #CADCHF
A possible bearish harmonic Cypher pattern might complete soon near structure resistance level to provide a reason to get in a sell trade if it meets the rules for entry
Check today analysis below⠀
>>“ Only trade when the probabilities of the market going in your favor are greater than it going against you." TradingAxis