Cyper pattern on bitcoin?

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I'm definitely no expert on patterns but this seemed pretty legit to me. Perhaps someone could tell me otherwise if I'm wrong. I'd post my charts on BTCLONGS and BTCSHORTS for reference but they are currently very messy. If you check them out yourself, you'll likely agree that LONGS looks much healthier than SHORTS. All said and done, I'm extremely bullish right now, growing equally impatient.

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Cypher pattern failed more than 24 hours ago when the price went below point x...
It's been a rough few days but BTCUSDLONGS vs BTCUSDSHORTS and all my other charts give me hope that we have finally reached the bottom of this correction @ $7,300 or so.

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