MRamos

MRamos

Hello all, I will take this Cypher pattern to sell. the Ratios are good. trend is still down. Stop is above a structure area, and also a 61.8 fib of a larger swing. Order flow to the down side has slowed down so I am looking for a pull back to my entry point. NOTE: I am also aware that it may go up to retest 0.7680 (61.8) that still keeps me safe. BUT: IF stop...

MRamos

I am taking a short position on the Cypher. The Ratios are good and we are coming up to a Resistance area. The resistance area is based on the 4H chart. Marked in yellow dotted lines. And we are in a channel. Both targets hit.

MRamos

I am taking a short position on the Cypher. The Ratios are good and we are coming up to a Resistance area. The resistance area is based on the 4H chart.

MRamos

I will try out this Cypher. Ratios look good. RSI approaching over sold. NOTE: This may come close to the X point, that is a Major structure. you can look for Double bottoms there as well. I feel this down trend will start giving back up to the 1.5000 area. only time will tell.

MRamos

I will be taking this Cypher I found. it has good ratios, and going with trend.

MRamos

I will try this trade. PROS: The Ratios line up nicely RSI is approaching over bought. Fib Ret of Daily leg, puts the .618 just above entry point. and we could be in consolidation. CONS: RSI on Daily is in the middle, still a lot of room to move either way. The "C" point of the Cypher did not break structure to...

MRamos

Taking this Cypher, here are the pros and cons.... PRO: Following the 4H chart taking the down trend. Working off the impulse leg we have nice ratios, for the Cypher. RSI still has room on the Daily to move up, to trigger this trade. IF: the 4H RSI dips down below the 80 line, then back up, we may have Divergence. Also Fib last leg on...

MRamos

My Pros and cons for this trade... Pro: Daily Chart is showing down trend.- RSI on Daily is still approaching over bought.- Price entry lands on Daily Fib Retracement line .618.....Drop to 4H chart Crab Ratios confluence at 1.168 with 3.141 and right with Daily .618. Cons: The first Target is a tight 1:1. I would prefer not to use the long wick, but Rules are...

MRamos

Here is a crab pattern setting up. I had this for awhile but it is close to entering. Enter 1.7060 Stop 1.7165 T 1 1.6920 T 2 1-6833 The RSI is now close to my Over bought area. Lets see is there is enough movement to make it up to my entry point.

MRamos

This is a Daily Cypher. Ratios are a little deep. But I will take this to go long. Entry is 101.23 Stop is 100.65 Target 1 101.82 Target 2 102.19 Finally Got in. Let's see what we get. Hit First Target for 52 pips, Moved stops to break even. then took second Target for another 93 pips. .

MRamos

I feel I still have at least one more push down. This Pattern is still bearish. I'm Taking...Short at 1.1017...(front run my order so I get in. if it hits 1.1020). Stop will be at 1.1072. and First target at 1.0940 and second Target at 1.0892. This one Has broken pattern, so delete pattern. No harm done.