Cypher Harmonic Pattern .
B - range between 38.2 and 61.8 percent of XA (51%) touch
C - goes beyond A, move beyond 127.20 %, but not go beyond 141.40%
D - 111.20 -111.80 Possible support level . 78.60% level of XC.
If move beyond 100.00% of XC , the pattern is NOT valid..
I will update here if my analysis was wrong or correct.
"TA is just a probabilistic analysis- not certainty. Everything is possible. The analysis just points to what is likely probable. TA is not 100% correct." - George Tan
B - range between 38.2 and 61.8 percent of XA (51%) touch
C - goes beyond A, move beyond 127.20 %, but not go beyond 141.40%
D - 111.20 -111.80 Possible support level . 78.60% level of XC.
If move beyond 100.00% of XC , the pattern is NOT valid..
I will update here if my analysis was wrong or correct.
"TA is just a probabilistic analysis- not certainty. Everything is possible. The analysis just points to what is likely probable. TA is not 100% correct." - George Tan
