TradingView
JockeyTrader
Aug 29, 2014 7:05 PM

$NZDCHF Long

New Zealand Dollar/U.S. DollarFXCM

Description

NZDCHF Bullish Cypher.
Comments
Aqua-Life
C does not hit the 127.2 ext. so this is not a valid cypher unfortunately.
JockeyTrader
C should hit at least 113%-141.4% :) CD should be only 78.6% of leg XA. But I exagerate it so to hit the uptrend pitchfork support. :)
Aqua-Life
Unfortunately on the internet there are a lot of false ratio's for a Cypher pattern. Check out the youtube pages of Jason Stapleton or Akil Stokes. Those guys own/work at the company that invented the pattern. C should at least touch the 127.2 ext. and can not close above the 1.414.
More