FX:USDJPY   U.S. Dollar / Japanese Yen
38 7 0
Bullish Cypher on hourly chart. Good opportunity to grab some pips heading north.
thanks for your opinion. if it's not valid according to your rules, don't trade it. I'll stick to my plan :)
FeelsFX LorenzoDecaria
its not according to it's original finder and creator rules, not mine
there are lots of different interpretations , every one can be right if it is backtested
FeelsFX LorenzoDecaria
The Cypher (Royal Canadian) was invented by one of jason's employees at Tradeempowered. They did the whole devolping process and came out with exact rules. The lot of the different interpretations are wrong.
the Cypher was discovered (not invented) a lot before Tradeempowered came out with that. Anyway, as I told you, you stick to your rules, I'll stick to mine. What's important is to have a rule set and a backtested strategy. Mine works as per my backtest and as I'm not telling you that you should trade this one, you shouldn't tell me I don't have to. Happy trading!
sorry, it's not valid. C point is below 1.27XA expansion
first target easily hit @ 38.2% :)
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