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Bearish Cypher Pattern Guide by MancusoMartin is a document available to read on EtoBox.

What is Bearish Cypher Pattern Guide about?

The bearish Cypher pattern consists of 4 points - X, A, C, and D. X is a swing high, A is the subsequent swing low. B is found using Fib retracement from X to A, hitting .382 but not .5. C is found using Fib extension from X to A back to X, hitting 1.272-1.414. D is found using Fib retracement from X to C, hitting .786 to complete the pattern. If price breaks above X, the pattern is invalidated.

Author

MancusoMartin

Language

EN