CHFJPY Daily Cypher 1 or Cypher 2?
Now the blue Cypher is an interesting one, mainly because the point C at 141% extension was breached with a close, for some traders this points out an invalid pattern,
However stepping back one degree you can see the Cypher in Orange is valid...
Which one would you trade?
Now the blue Cypher is an interesting one, mainly because the point C at 141% extension was breached with a close, for some traders this points out an invalid pattern,
However stepping back one degree you can see the Cypher in Orange is valid...
Which one would you trade?
Order cancelled:
Missed entry before heading in direction of trade