CHFJPY Daily Cypher 1 or Cypher 2?
CHFJPY Daily Cypher 1 or Cypher 2?
Now the blue Cypher is an interesting one, mainly because the point C at 141% extension was breached with a close, for some traders this points out an invalid pattern,
However stepping back one degree you can see the Cypher in Orange is valid...
Which one would you trade?
Now the blue Cypher is an interesting one, mainly because the point C at 141% extension was breached with a close, for some traders this points out an invalid pattern,
However stepping back one degree you can see the Cypher in Orange is valid...
Which one would you trade?
Order cancelled
Missed entry before heading in direction of trade
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.