BEARISH ANTI CYPHER M30
The cypher is a five-point pattern, composed of points XABCD. It is easy to spot on a chart due to its characteristic wave-like look, displaying either rising peaks or falling valleys. Traders can trade it like other harmonic patterns, by waiting for a reversal at the end and then using pending orders to profit from any potential breakout.
This pattern looks like the butterfly in both its construction and where it will occur (close to the end of trends). However, the cypher pattern is rare and not one that shows up frequently. But don’t confuse rarity with being more powerful or profitable.
This pattern looks like the butterfly in both its construction and where it will occur (close to the end of trends). However, the cypher pattern is rare and not one that shows up frequently. But don’t confuse rarity with being more powerful or profitable.
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