ErrolMuller

ErrolMuller

Here we are looking at a potential Bearish Cypher pattern setting up. We are in bearish trend and if the Cypher complete at its 0.786% then it would be a good place to get long seeing that we are near or maybe at the Trendline or even touching it. If we look back a few weeks we wil also find some Resistance at that level which will add point to getting short in...

ErrolMuller

Good day all, Here we are looking at a Bearish Cypher pattern that completed and are now ready for entries. The main trend line here is a Bearish trend and we are sitting now with a Bearish Cypher pattern. RSI is at extreme overbought conditions and we are sitting at overbought +- 80.0 level. We aslo have a shooting star at ARROW A and a Doji Candle at ARROW...

ErrolMuller

WE ARE ALMOST AT THE COMPLETION OF A BULLISH CYPHER PATTERN. D LEG NEEDS TO COMPLETE AT A 0.786 FIB LEVEL TO COMPLETE PATTERN

ErrolMuller

BEARISH CYPHER PATTERN AT STRUCTURE

ErrolMuller

INVERTED BULLICH CYPHER PATTER SETTING UP. I AM WATING FOR A LITTLE EXTRA CONFIRMATION BEFORE GETTING INVOLVED SEEING THAT WE ARE IN A STRONG BEARISH THAT AND THERE MIGHT ALSO BE A BIGGER AB=CD PATTERN SETTING UP. THE RSI WAS INDEED OVERBOUGHT FOR AT LEAST A LITTLE CONFORMATION BUT LETS SEE WHAT THE CHARTS AND PRICE ACTION TELL US. MIGHT DROP DOWN TO A LOWER...

ErrolMuller

GOOD DAY ALL, HERE WE ARE LOOKING AT A BEARISH CYPHER PATTERN AT TRENDLINE RESISTANCE. D LEG SHOT UP A LITTLE BIT HIGH BUT DID NOT BREAK THE X LEG SO THE TRADE IS STILL VALID. THE IDEAL ENTRY WOULD BE 1.99667 AS THE CANDLE SHOT UP AND RETRACED BACK DOWN SHOWING SOME EXTRA CONFIRMATION THAT THERE MIGHT BE A TREND REVERSAL AT TREND LINE RESISTANCE. IF YOU GO...

ErrolMuller

Here we are looking at 4 different type of patterns of which we have a Bearish Bat and Cypher pattern that completed and then we have 2 Bullish patterns Gartley and a Cypher pattern setting up. I could not draw in all the Fib. Retracements and Extensions due to it cluttering up my chart. Hope there is something on here that you guys did not see. Happy trading people ;)

ErrolMuller

Hey Guys, Looking to get short with this Butterfly pattern as my 1.27% extension ends right at structure and ive got ratio confluence as well as higher timeframe confluence. RSI is just overbought so I am looking to get shot at taking targets of at - Target 1 = 0.382% ...

ErrolMuller

Just posting this to show this Bearish Cypher pattern that i am involved in. I would like some comments on this pattern if I drew it in correctly and so on?

ErrolMuller

Hey guys, Just taken this Gartley Pattern seeing that it completed at my 127.0% fibonacci level and it has double topped as well.Seeing that we are in a bearish trend just makes it better.