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Bearish Cypher

Hilltop Holdings Bank: Bearish Cypher w/Double PPO ConfirmationHilltop Holdings has formed a W-shape, which I thought would complete an 0.886 and become a Bearish Shark, but it has since given 2-3 PPO Confirmation Circles around the 0.786 retrace instead. In addition, it has confirmed a lot of RSI Bearish Divergence within this zone; for that reason, I see a strong possibility that this ends up being a Bearish Cypher instead of a Bearish Shark and given that it is a bank, it will probably end up performing dramatically. I will likely be looking into FAZ soon (The inverse ETF for the Financials sector) as it's sitting at the PCZ of a Bullish Gartley but just hasn't given any form of confirmation yet.
NYSE:HTH
by RizeSenpai
BTCUSDT Bearish Cypher to Bullish Gartley Potential BTCUSDT Bearish Cypher to Bullish Gartley Potential based on Fibs For fun and although technical, by no means have any bias for your own trading decision. Mid point play out for Cypher confirmation from B 0.5 Fib to C. C to D would be a 0.618 fib resistance level and 28,500 a natural known resistance. Bullish Gartley enter, X to A the Cypher C to D given D is the top. A to B would be the Fib 0.618 from X to A. Given support around B various nPoc's, B to C to nPoc at approx 28425.00. C to D, D various nPoc's support around 27,300. D then reaching back to retest top of the range at 28425.00. For fun would be see how this plays out.
by hmaroudas
Harmonic sequences: Cypher or Shark expected BTC tried the Gann Square's arc and stagnated there for a while - the chart is developing precisely as we predicted . After the black swan summons the dragon, a cypher (.786) or a shark (.886) pattern is expected next. Usually, the chart rebounds approximately between 0.5 and 0.618, even when the consecutive pattern formation isn't inhibited. However, we don't see any such break in the chart this time. BTC exhibits immaculate movement of harmonic patterns sequence, which implies how deep and persistent this decline could be. For the details of this analysis, please look at the related ideas below. I will write an educational subject to explain the price action pattern shortly.
INDEX:BTCUSDShort
by jackrabbitrage
1
UKOIL: Short from ResistanceAs evident on 4Hr Time-Frame with formation of Bearish Cypher harmonic pattern UKOIL a reversal is possible. Seasonal Analysis shows JXY & DXY remain Bullish in January over 60% which have negative correlation with Oil. CXY on the other hand remain Bearish in January over 70% of times which indicates a low price of Oil. TPs can be set as per Fib Lvls identified on chart and stop Loss on or above Point D of Cypher. It is my expectation that price action will retrace to 61.8% Fib level. Manage your risk accordingly.
TVC:UKOILShort
by adnanmagsi
Raytheon Technologies: 3 Line Strike at PCZ of Bearish CypherThe Defense Sector in general seems to be overhyped as if it expects earnings not to matter anymore but the PE/Ratios keep rising as if it's betting on the US to enter a direct armed conflict rather than reality which is that we are simply just providing old unused equipment to the Ukraine. I think in the near future the market will realize this and we will see prices on these kinds of stocks got lower as the PE Ratios compress just like every other speculative growth stock has done during the cycle.
NYSE:RTXShort
by RizeSenpai
EURUSD Top - Shorting The Bearish ImpulseEURUSD is on the verge of starting a sell-off. I am expecting in Impulse Wave in Minute C (red). The greenback (DXY) should be able to commence a Bullish Retracement. EURUSD under pressure. My Euro-Dollar Technicals: * Ending Diagonal in Intermediate (C) (white) * Complex Double Three Correction * Hidden Bearish Divergence * Harmonic Pattern: Bearish Cypher in Minute b (red) * Double Top Pattern * 88.6% Fibonacci Retracement * 161.8% Fibonacci Extension EURUSD SELL Signal: * Entry @ 1.06910 * SL @ 1.08700 * TP1 @ 1.0500 * TP2 @ 1.0280 * TP3 @ 1.0140 * Safety Measure: when in the green, moving SL to BE. * Sell Stops on the way down, after pull-backs. Many pips ahead! Richard, the Wave Jedi.
Short
by EW4X
6
EURUSD > Two Bearish Setups for A Sell..Analysis of #EURUSD Hi traders, today we will have a look at #EURUSD Looking at the daily chart I saw we have two harmonic patterns on the EURUSD, as you can see on my chart, and this may be why the EURUSD was unable to continue to the upside. keep in mind we are going to enter a long holiday break, and it i is not recommended to be in long-term trades. I will look back at this idea next year 😉 and see if we can find a reversal pattern like head and shoulders or double top it will be a good reason to enter this big pattern I hope you guys found this helpful, if you are new here click on follow, to get these ideas delivered straight to your email inbox, I will see you guys at the next one Thanks for your continued support!
Short
by TheTradersAvenue
16
2022-12-W49-NZDJPY: Bulls Are Exhausted, Bears Should Come.Hi supporters A Cypher Bearish pattern is forming in timeframe 1M (X: Dec 2014, 94.049; A: Jun 2016, 69.232; B: Jul 2017, 83.910; C: Mar 2020, 59.490; D: Nov 2022, 87.456). If bearish Fibonacci traders dominate the market, we could find short opportunities in coming months. Cypher Bearish structures have appeared two times in Apr 2022 and Jun 2022. Stop Losses: • max = max(87.347, 86.811, 87.456) = 87.456. • max = max(87.347, 86.811, 87.456, 94.049) = 94.049. Current Price: 86.670. Targets: • 83.910 (B, High@Jul 2017). • 78.861 (High@Dec 2018). • 74.564 (Low@Aug 2021). More Information: NZDJPY has a history of following Fibonacci by forming a Bat Bullish pattern in Apr 2020. Remark: • Trade plan is valid within 03 weeks. For example, if a trade plan was issued in W41, its trade-nows would be in W41, W42 and W43. From the start of W44, the trade plan was expired. • We decide to dedicate all of our time and effort to finding the best entries. Exits are on your own decision. As a result, we will not update when trade plan is cancelled/expired, price hits stops/targets, or trade is closed manually. • This is our trade plan for your reference, not a financial advice. Your trades are based on your own decision. Please make sure to read the disclaimer below.
Short
by SupersafeTrader
GBPJPY: Bearish Cypher Pattern Cypher Patterns are a great way to spot entry points, with any given trend. Cypher advanced formation is the most accurate formation among all advanced formations. It is about 70% accurate if identified correctly. In this case, I believe that GBPJPY is creating a BEARISH Cypher Pattern. At the point we are at, right now,(166.00) i see GBPJPY reaching my TP2 of 166.596, and then dropping to at least 165.5. I suggest Longing to the 166.5 region and then sell once we reach 166.5.
by lodose81
Beat the BATS - Harmonic Bat PatternsHi Traders, Investors and Speculators 📉📈 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩‍🏫 In today's analysis, we'll look at a different way to speculate the next immediate price action of an asset : the Harmonic Bat Patterns. There is a really cool tool on the platform that you can use called the Cypher Pattern, you can find this in your drawing toolbar, 5th from the top under the T for text. It helps you plot the points and identifies the correct distance for you clearly. I'm using it HERE : From the chart, you can clearly see the bullish and the bearish bat example. If you move your mouse over the grey anchors, you will find the values that the distances between two points need to be. Spotting these patterns are extremely difficult and it takes a trained eye to spot them on a chart. However, if you're lucky enough to spot one, you have a clear trading setup with a high probability of win rate. NOTE that even though there are similarities, these are not the same as W-bottom patterns or M-patterns. I hope you enjoyed and found value in this educational post today! _________________ 👀 Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎 👍Hit like & Follow 🔔 We thank you for your support ! CryptoCheck
by CryptoCheck-
34
EURUSD short term view The fiber has created a bearish cypher in h1 chart and now it is going to have a pullback towards the 200-hour simple moving average. Then in the larger picture we can notice a ranging trading where the price has created two false breakouts below the support line, as soon as the price reaches the 200-hour sma we should consider a possible rebound because the pressure of the buyers is increasing these days (especially yesterday). We must wait the NFP because it can create high volatility on the pair. Enjoy your trading!!
by Dragon_Investments
Harmonic Cypher Perfects at Gapfill 4018The gap must fill. Short not until it does imo. Measured Move projected with price bands, +302 pips for a 1:1 move. Gap may fill Friday. Expect weakness before FOMC, then a stupid bullup as follows: 7/27 1400 rate decision; initial ludicrous pop followed within minutes by a selloff. Price declines until ~1425 in falling wedge. At ~1428 EST J Powell will step up to the mic and make soothing comments. Irrational mad bullishness follows, rising price in giant arc up to close. Thursday after the hike could turn into a bloodbath. Last time bad news was so good they bought it next day. This time, who knows? Don't get caught short in these nutty rallies. The Shark Cypher is a giant W with right leg taller than left. Other variants include crab, nenstar, etc; nomenclature based on leg heights. It is a BEARISH construct which usually leads to lower prices after break from right leg. There is the short entry. Included RSI, Stoch and Stoch/RSI indicators for comparision to each other, these are interesting. All approaching overbought. Target: The gap to fill below at 3796. Price very unlikely to fall below lower BollBand imo. This is STILL A BEAR MARKET; all rallies are setup for lower prices ahead, until proved otherwise. IMO the LOTY is still not in; could be mistaken, let us see what madness transpires in October... GLTA!
TVC:SPXShort
by DaddySawbucks
34