EUR/USD : Price Action on Daily TMF , Double HARMOMIC ! 🔔Welcome back Traders, Investors, and Community!
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Cypher
EURUSD - LONG (BUY LIMIT) ENTRY PRICE - 1.19900 The impulse to the North has been completed @ 1.22400. A return impulse to the South has formed. Price is going down to the next Demand Zone to complete the Cypher Pattern. Be ready to buy on a pullback @ 1.19900!
ENTRY PRICE - 1.19900
SL - 1.19450
TP1 - 1.20850
TP2 - 1.21400
Always follow the 6 Golden Rules of Money Management:
1. Protect your gains and never enter into a position without setting a stop loss.
2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better.
3. Never over-leverage your account.
4. Accept your losses, move on to the next trade and trust the software.
5. Make realistic goals that can be achieved within reason.
6. Always trade with money you can afford to lose.
Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments.
Have a nice day!
Digibyte with BTC pair formed Cypher for upto 72% profit rallyHi, dear friends, hope you are well, and welcome to the new update on Digibyte coin.
On the daily time frame chart, the priceline of DGB with Bitcoin pair has completed the formation of bullish Cypher pattern and after hitting the spike in the buying zone it has moved up but I am expecting that it will give us another opportunity to catch it from this potential reversal zone level. There are also 50 and 100 simple moving averages supports in the potential reversal zone.
This trade has a big profit possibility of 72%, and the loss possibility is 17%.
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.
HARD Protocol formed Cypher pattern for upto 151% profit rallyHi dear friends, hope you are well and welcome to the new update on the HARD Protocol token.
On the daily time frame chart, the priceline of the HARD token has completed the formation of bullish Cypher pattern and entered the potential reversal zone There is also 50 SMA in the potential reversal zone and 100 simple moving average support below the buying zone.
this trade has a big profit possibility of 151%, and the loss possibility is 30%.
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.
Bitcoin cash completing bullish Cypher for upto 109% rallyHi dear friends, hope you are well and welcome to the new update on the Bitcoin Cash coin.
On the long-term weekly time frame chart, the priceline of BCH is completing the formation of bullish Cypher pattern and soon it will be entered the potential reversal zone There is also 25 SMA in the potential reversal zone and 100 AND 50 simple moving averageS supports below the buying zone.
this trade has a profit possibility of 109%, and the loss possibility is 23%.
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.
XLM completing Cypher pattern for upto 132.5% moveHi dear patrons, hope you are well and welcome to the new update on XLM coin.
On the daily time frame chart, the priceline of XLM is completing the formation of bullish Cypher pattern and soon it will be entered the potential reversal zone There is also 100 SMA in the potential reversal zone and 100 simple moving average supports below the buying zone.
This trade has a profit possibility of 132.5%, and the loss possibility is 27%.
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.
FCPO TRADING : 267) huge bearish cypher patternJuz as I thought the fcpo-may is going to go down, it went up straight away and ...still haven't proved me wrong...
don't get this on the wrong side...this is not emotional, I am not trying to save my sorry arse...as long as the price didn't pass the previous high at 3720, we still don't know whether this is still a bearish call or a bullish call...however, if price breaks higher than 3720 and close abv it, then the trend has reversed...that's all I can say...
as for my latest discovery, the price might form a bearish cypher pattern, and advanced pattern appears frm fixed ratio out of fibonaci...
entry at 3670...market closed at this price, SL abv 3720, 1st tp at 3600, 2nd tp at 3540...
personally, I don't trade this one as the SL is too big for my account size...more than 50pts...not gud...
2 levels to watch, if price breaks abv 3720---then turn to long...if price breaks below 3460, then turn to short...
if it bounds somewhr in between, then consider advanced patterns/patterns...or other sideway strategy...
if u don't trade sideway/consolidation, then juz stay away...
PS : again, dun try to trade every possible trade and think u can outsmart the market, it juz won't work that way...
I am thinking to name this one as "shit does happen" but I double-check my analyst last friday and really found no problem with that, EXCEPT
that I left out the part of naming a possible rebound can reach as high as 3720...the previous high itself...
for those who think that if I said the market is going to go down last week, then this week the market rebounds, then it is my fault, I got nothing to say...EXCEPT that I don't have magical wand or crystal ball...if you happen to know a strategy which works 100% all the time (even though I don't buy it), pliz share with me, I would want to know too...
*plan your trade and trade your plan... gud luck*
resistance : 3720 (abv this is bullish)
support : 3600
lower critical support : 3460 (below this is bearish)
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
eurusd. advanced formationsAdvanced formations are a bit different from harmonic patterns. They differ in ratios and trading tactics... I'd say advanced formations is completely different approach (although patterns look like triangle on a chart - same as harmonic patterns).
Now back to the idea... We have a confluence of two patterns - a cypher advanced formation and a butterfly advanced formation. They point almost at the same level. So, the level becomes a level of interest. Let's see what happens if price goes to test the level.
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Ethereum completing big Cypher for upto 58.5% rallyHi friends hope you are well, and welcome to the new update on Ethereum coin.
On long-term weekly chart chart, After formation of BAT and Gartley patterns, the priceline of ETH with BTC pair is completing the formation of bullish Cypher pattern and soon it will be entered the potential reversal zone There are also 50 and 100 simple moving averages supports in this buying zone.
This trade has a profit possibility of 58.5%, and the loss possibility is 14%.
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.
ETHEREUM Bullish Cypher Long Setup Waiting for the completion of the harmonic to play out down to the .786 where i plan on filing a long with TP1 at the .382 and tp2 .618 from there i will trail a SL for the remainder *Subject to change of course pending market conditions .
Will update as my alerts go off .
Plan the Trade , Trade the Plan
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