FX:USDMXN   U.S. Dollar / Mexican Peso
88 9 7
If everything is OK , usdmxn             may bounce on Cypher@16,8
You're right
I was full focalized by C>A and did fast drawing so why that error ..
So Thank you for your remark.

And i checked by zooming it in H1 timeframe
I found XB= 0,21... by definition XB> 0,382 for Chypher
I checked it also as Shark but BD >2,24 ..so that can be it also.

It would be Cypher if XB is accepted from 0,236 because all other legs respect its definition

In the futur be cool when you find error mate...

The end decision-maker is only the market not theory ,isn't it?
Many pips and Happy christmas to you too :)




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some people are arrogant , because of...?
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Tontsake paulselvan
I'm sorry if you understand my comment incorrectly. If your plan was to draw cypher pattern correcly, like it was originally designed, you can't go backwards in time. See how your B-point comes before your A-point! I just saw your idea on front page so relax. Happy trading and merry Christmas from my side :)
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I suppose you want AC greater to 1.272
But some people accept AC from 1.13
Think before repeating your lesson blindly...lol
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That pattern is invalid. Please learn the correct way to draw patterns and save your money!
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Thanks for your comments
By tacite knowledge of elliot count (see POWERFULL_TRADERS) ,price may not go under X
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jhakas paulselvan
agree... i also dont see to go price below x... my buying areas are little down... 16.62 and 1670
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nice chart..
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there is a falling pattern that will finished @ 16.76... so to me good area to long will be in between 16.62 and 1670
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