The new harmonic pattern found: Bullish Cypher Pattern [.786/.618/-/-] on EURUSD H1, Jan 04, 2022; and support/resistance levels are: X; A; B; C; D.
Bullish Cypher Retracement Tolerance
#1
2 – Gartley pattern
1 – Pesavento pattern
0 – Additional special clearance
0 – Additional special clearance
Bullish Cypher Retracement
XD= .786
AB= .618
BC= 1.618*
CD= 1.0*
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 .786; CD 1.0*
Target= .65
Price Range
#1
1.12549 < Range of the prices D < 1.12765 (price range= 216 pips)
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| Bearish TOTAL on M30 |
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| Bullish TOTAL on M15 |
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| Bearish Cypher on M5 |
