MitjaZunko

MitjaZunko Mar 10, 2017

The reversal ore D lake completion can take place at 1.21500 and 1.20500. From here we can look in to first target 38,2 fibonacci retracement and 61,8. Price can also extend further up based on the weekly chart

MitjaZunko Feb 24, 2017

If price manage to reach 88.8 fib retracement of the X-A move than we can expect price will drop down to our placed targets

MitjaZunko Jan 9, 2017

We have possible Cypher pattern on the 15min chart.

MitjaZunko Nov 28, 2016

At the end of formation potential short opportunity "D leg" Entry: 88,6 Fib level X-A move Stop: above point X Target1: 38 Fib retracement of C-D Target2: 61,8 Fib ratracement of C-D Trade safe!

MitjaZunko Nov 28, 2016

I'm looking to short this cypher pattern at point D. The structure is also located in the selling zone of the bigger structure pattern on the daily chart.

MitjaZunko Nov 22, 2016

The formation of the cypher pattern is complete. On lower time frames we can wait for double tops to form and than enter this trade. Trade safe.

MitjaZunko Nov 15, 2016

Noticed Cypher pattern on GBP/JPY on 4h/1d chart

MitjaZunko Nov 11, 2016

Possible bullish Cypher

MitjaZunko Nov 6, 2016

Possible cypher on the way

MitjaZunko Nov 4, 2016

There is quite good possibility that we will see this formation complete. There is 161.8 extension which might hold, also this level is 38.2 retracement of CD move of bigger CRAB formation. There is again option that USD will push up till it reach 361.8 extension of BC move of this butterfly formation. That level is also 78.6 retracement of CD move of CRAB...

MitjaZunko Nov 3, 2016

it looks like the formation is complete like it should be. The D leg is right at 3.61 extension of BC move and 1.61 extension of X to A move. On one our chart the double bottom formation has been formed also, that give us confirmation that strong trend might be over ... happy trading.

MitjaZunko Nov 3, 2016

Yesterday i try to short NZDUSD on formation of the gartley. When price didn't react to the D leg, i then update the chart with results that follow. Any comments welcom.. Happy trading

MitjaZunko Nov 2, 2016

Possible pattern on the way on NZD/USD pair. When complete i will look for short entry at 1.27 with targets 38.2-50.0-61.8 fib levels of CD move.

MitjaZunko Nov 2, 2016

Note bullish pattern with entry point 103.60 and target around 38,2 - 50.0 Fib level from CD move. Additional use brake even when price reach 38.2 with target 61,8. Stoploss below D. happy trading :)

MitjaZunko Oct 27, 2016

Do not know if this pattern was already finished at 1.27 Fib extension of XA "criteria for take profits would match" . Or it might be finished right at this point at 1.61 Fib extension?! happy trading :)

MitjaZunko Oct 21, 2016

Today i was looking for end of creation of cypher pattern on NZDJPY pair. Looks like price already jump from 78,6 fib level from X to C leg. thanks to ThomHall who made a great description of the patterns!

MitjaZunko Oct 20, 2016

Hello, again me with my observations :) Today i saw this potential pattern. From C to the D leg I also spot strong impulsive wave which his 2.618 extension perfectly get along with end of pattern point D comments welcome :) thanks

MitjaZunko Oct 19, 2016

guys I*m learning to spot thous patterns and what I see here could be nice bullish cypher :) need to wait and see... suggestions and comments welcome :)