FX:NZDUSD   New Zealand Dollar / U.S. Dollar
499 5 0
Is this a valid Cypher Pattern? Can someone verify please?
I think this pattern is gonna fail, beacuse the C leg is to short, it should have reached 1.41.
no. C must reach 1.271 , but can not close on 1.414
+1 Reply
Some would debate that this is a valid Cypher because the A to B leg is too
deep (beyond 50% retrace) and that makes the harmonics off kilter and lowers
the .786 which may raise the risk-reward, although not so much in this trade.
I would rather put my money on this Bat pattern. It has much better harmonics =
using the entire swing high to low and puts point D right into resistance.
I've noticed with Cyphers - especially Cyphers - that using something less
than the whole swing high/low -- low/high reduces the probabilities of succes
while increasing the risk the trade demands with stops above X.

{{Other traders have posted this Bat pattern but, I can't find the charts
to give them credit}}
tntsunrise dojitrader
Agree. I will enter with the BAT. however in my rule, the bat's B point must touch 0.5.
that's why the BAT i published is slightly different than yours.
thanks for your opinion!
good trade!
yes it is. but i will use a higher X. U can see my idea published
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out