On it's own I wouldn't trade the cypher as the entry is at the 78.6% retracement of x-c and it wouldn't meet my rules.. but it's horses for courses... each to their own, if it works for you then that is all that matters
I don't have anything against you using your own rules as to how to measure the XA extension but then IT ISN'T A CYPHER! Call it whatever you want to call it. Name it after yourself if you want. But I disagree to mislead others in calling it a cypher. It isn't. And if you think using 1.13 gives better results, then show your research and proof and heck, if it yields a better winning percentage, heck, I'll start using it as well and I'll tell everyone you discovered it!
Look. I'm not the pattern police nor am I trying to be. But people use these patterns because of the proven winning % that have been tested over thousands of times. The ratios provided for each pattern are researched to provide the optimum winning %. Why do you think Jason chose 127.2 and NOT 113? Well, as dionvuletich said, you're free to do whatever you want and maybe this trade will work for you. Maybe it won't. I wish you all the best though.
Thanks for your comment. I Dindt know about that! I am A beginner with harmonics so i only appriciate A "pattern Police" that watch my patterns ;)
I did got A picture of A cypher pattern from the internet. And that says it needs to be 113-141. So i tought i had to follow those rules to have A vailed cypher.
Can i ask you were you got the information for A vailed cypher pattern? I really want to learn how to draw and trade harmonic patterns.