ilmscore | Prediction Details
"Here on the dollar Swiss five-minute chart, we have a cipher pattern setting up. And the cipher pattern comes in from this X leg down here. This impulse leg from X to A is a 382 retracement without closing below 618. And then after that, we need a 127 extension from X to A. So we take our extension tool X to A. back down in and as we see this does break above the 127 extension without closing above the 1414 extension. So take our triangle tool and this is what this cipher pattern looks like down here to the 786."
By The Trading Channel (The Trading Channel) | December 31, 2015 | Pending
From video
forex trading - CYPHER PATTERN: how to identify the CYPHER pattern 00:10:20 - 00:11:08
Interpreted Prediction
A cipher pattern was identified on the USD/CHF 5-minute chart with specific Fibonacci retracement and extension levels (X to A: 382 without closing below 618; X to A to C: 127 extension without closing above 1414), with the D point expected at the 786 retracement.

Prediction Details

Topic
Cipher Pattern Trading

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