Cypher pattern
X is the pattern low, and C is the high.
Analyzing typical bullish Cypher pattern reveals:
XA leg starts at point X and ascends.
AB leg retraces XA, typically falling between 38.2% and 61.8%.
BC leg surpasses point A, concluding between 127.2% and 141.4% of XA.
CD leg descends, ending near the 78.6% retracement of X to C.
Once the price hits 78.6% at point D, the bullish Cypher pattern completes
I am not a financial advisor, and the chart analysis, including any mention of a cup and handle pattern, is for educational and informational purposes only; individuals should conduct their own research or consult a qualified financial professional before making any investment decisions.
Analyzing typical bullish Cypher pattern reveals:
XA leg starts at point X and ascends.
AB leg retraces XA, typically falling between 38.2% and 61.8%.
BC leg surpasses point A, concluding between 127.2% and 141.4% of XA.
CD leg descends, ending near the 78.6% retracement of X to C.
Once the price hits 78.6% at point D, the bullish Cypher pattern completes
I am not a financial advisor, and the chart analysis, including any mention of a cup and handle pattern, is for educational and informational purposes only; individuals should conduct their own research or consult a qualified financial professional before making any investment decisions.
إخلاء المسؤولية
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إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.