Alexander_Nikitin
Long

Learn the true rules of cypher.

FX:EURCAD   Euro Fx/Canadian Dollar
2 months ago
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.
2 months ago
Trade closed: target reached
This pattern was found with Pattern Search Software (c)
Watch the sample video here: https://youtu.be/tOTwDE_aY90
Contact me in PM if you wish to get your copy
Best regards, Alexander Nikitin.
Fulltime professional trader and programmer.
ChandanaHerath
2 months ago
Mr.Alexander Nikitin. Enlighten as usual,appreciate your commitment ! Thank you.
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Alexander_Nikitin TOP ChandanaHerath
2 months ago
Thank you.
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MrLatchman
2 months ago
is this still valid?
Reply
Alexander_Nikitin TOP MrLatchman
2 months ago
Yes. it is valid
Reply
bunah2
2 months ago
I have the same the idea, lol
Reply
Alexander_Nikitin TOP bunah2
2 months ago
That's good.
Reply
Niverto
2 months ago
snapshot
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Niverto
2 months ago
snapshot
Reply
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