niedziela, 31 lipca 2016

Cypher Pattern

Cypher pattern retracement levels:

XA: This could be any move on the chart and there are no specific requirements for this move in order to be part of a harmonic pattern.
AB: This move is opposite to the XA move and it should be 38.2% or 61.8% of XA.
BC: This move should be opposite to the AB move and it should be anywhere between 113.0% and 141.4% of the AB move.
CD: The last price move is opposite to BC and it should be 78.6% of the general XC move.

Entry is at point D with stops bellow the X 
Targets can be 38.2 61.8 or 100 CD

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