Scroll down almost to the bottom and it gives a very simple but accurate
pic of a Cypher. My rules are somewhat different but it shows the basic pattern.
For me, A to B must be at least .382 but under .500 once it reaches .500 it is
more likely a Shark or a Bat pattern.If/ And Point C must be at least 1.27 fib ext of X to A
but no more than 1.414. So! by my rules of engagement this particular pattern
does not have the harmonics that I require for a trade. Some might call it a Bat
but, that places D at the .886 which to my eyes is a much better test of resistance.
That would make this a reasonable set up to short @ around .9269 and would require
small risk to know it it was gonna work. Almost anything above .9280 and I suspect
the market is up to something higher.
Wishing you lots of pips in your pocket for 2014 and beyond !!!!!!!