Sentences with phrase «qualified cypher»
A qualified cypher pattern consists of an impulse leg (XA), followed by a retracement leg (AB) that reaches at least the 38.2 % Fibonacci retracement of the XA leg without exceeding 61.8 %.
https://www.fxdayjob.com/ Not exact matches
I'm also going to show you a couple of tricks that I have learned to help you qualify the best cypher patterns to trade.
Earlier, I mentioned drawing a Fibonacci retracement of X to C to qualify the CD leg of the cypher pattern.