The new harmonic pattern found: Bullish Cypher Pattern [.886/.618/*/*] on BTCUSD H1, April 26, 2021; and support/resistance levels are: X; A; B; C; D.
Bullish
Cypher Retracement
Tolerance
#1
2 – Gartley pattern
0 – Additional special clearance
0 – Additional special clearance
2 – Gartley pattern
Bullish Cypher Retracement
XD= .886
AB= .618
BC= *1.414
CD= *1.21
Bullish
Cypher Rules
XD= n/a
AB= n/a
BC= n/a
CD= n/a
Bullish
Cypher PRZ and Target (TP-Take Profit)
PRZ= XD .854; CD *1.21
Target= .707
Price
Range
#1
44838.1 < Range of the prices D
< 48144.8 (price range= 3,306 pips)
