USDCAD: WARNING! A Mistaken Cypher Pattern!
4 days ago, I published 2 advanced patterns I saw on this pair: 1 bearish Cypher and 1 bearish Gartley.
Prices are now moving strongly towards filling the cypher so I feel the need to issue this warning:
Don't trade that "cypher" because it is NOT a cypher! Trade it at your own risk! If you trade it, you are not trading a Cypher pattern!
I had misidentified that pattern as being a cypher but in fact, the C point DOES NOT reach the minimum required 1.272 extension as is required to be a cypher! However, the Gartley is still valid.
My apologies to my readers and my followers. If I am wrong, I will admit I was wrong! Which I hope is not often!
Prices are now moving strongly towards filling the cypher so I feel the need to issue this warning:
Don't trade that "cypher" because it is NOT a cypher! Trade it at your own risk! If you trade it, you are not trading a Cypher pattern!
I had misidentified that pattern as being a cypher but in fact, the C point DOES NOT reach the minimum required 1.272 extension as is required to be a cypher! However, the Gartley is still valid.
My apologies to my readers and my followers. If I am wrong, I will admit I was wrong! Which I hope is not often!
SPECIAL Report on the S&P 500. Read it here. It's FREE: bit.ly/2KGJ409spx818
Mailing list: bit.ly/2iNieEY
Facebook Group: facebook.com/efxselect
Twitter: @andrewefxselect
Website: efxselect.com
Mailing list: bit.ly/2iNieEY
Facebook Group: facebook.com/efxselect
Twitter: @andrewefxselect
Website: efxselect.com
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.