The Cypher Pattern ( HARMONIC )The Cypher Pattern Trading Strategy will teach you how to correctly trade and draw the cypher pattern. You can use the cypher harmonic pattern on its own and have a profitable Forex trading strategy.
The Cypher pattern forex needs to satisfy the following Fibonacci rules:
AB= 0.382 to 0.618 retracement of the XA swing leg;
BC= extend to minimum 1.272 and maximum 1.414 of the XA swing leg;
CD= retrace to 0.786 of the XC swing leg;
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double top I HAVE EXPECTATION TO DROP US30 FIRST REASON DOUBLE TOP SECOND ONE IS US CHINA TENSION RISE I THINK I DONT WANT ANY REASON WHY DROP ITS
Bottom Support This trading strategy tutorial is designed to teach you how to trade the double top chart pattern strategy. The double bottom reversal pattern is different from the triple bottom pattern and triple top pattern. Although, it is similar to the double top pattern. The only difference is it develops at the end of a bearish trend.