Alexander_Nikitin
Education

Learn the true rules of cypher.

FX:EURCAD   Euro Fx/Canadian Dollar
Cypher advanced formation is the most accurate formation among all advanced formations. It is about 70% accurate if identified correctly. The ONLY correct way of identification is as follows:
1. B-point must touch 0.382XA but should never close beyond 0.618XA
2. C-point must touch 1.272XA but should never close beyond 1.414XA
3. D-point is 0.786XC and it must be beyond B-point.

As you see frome the rules above the are no max limitations for B and C candle wicks. Whatever ratio will be correct if rule #3 isn't broken.
Do not trust these types of explanations: http://www.sr-analyst.com/HarmonicHelp/cypher_pattern.htm
Or this: http://forextraininggroup.com/a-guide-to-harmonic-trading-patterns-in-the-currency-market/

Don't know why do people believe this kind of stuff and don't even make an effort to contact the creators of cypher - Tradeempowered guys.

//|+--------------------------------------------------------------------------------------------------------------+
//|This pattern was found with PatternSearch software
//| you can watch the sample video here: https://www.youtube.com/watch?v=beZhTtW1diU
//|+--------------------------------------------------------------------------------------------------------------+

Best regards, Alexander Nikitin.
A professional trader, programmer and a trading coach.
Trade closed: target reached
I have the same the idea, lol
Reply
That's good.
Reply
is this still valid?
Reply
Yes. it is valid
Reply
Mr.Alexander Nikitin. Enlighten as usual,appreciate your commitment ! Thank you.
Reply
Alexander_Nikitin ChandanaHerath
Thank you.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out