mendrinvest
Short

EURUSD Bear Cypher

FX:EURUSD   Euro / U.S. Dollar
Lets see if this plays out...
The original inventor of this pattern measures the extension from X to A. In this case, the X to A extension barely clips the 1.27.
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There's a special tool, called "cypher tool" on the trading view. In your post you used XABXD tool. That's why it shows 1,606.
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It is not a cypher, mate. Cypher C-point should be at least 1,272XA
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mendrinvest Alexander_Nikitin
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