I'm getting absolutely hammered by patterns this week..gggrrrrr
Akil_Stokes
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Keep fighting man
forexhunter
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hi Akil what do you think about this cypher bat pattern
Akil_Stokes
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i don't think it's a cypher nor a bat
forexhunter
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Thanks for commenting
Akil_Stokes
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No problem, hopefully it was helpful. if it seemed negative that wasn't my intent.
forexhunter
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of course that was helpful as one of your video stated for a valid cypher pattern the B to C leg must atleast reaches the 1.272 of the fibonacci extension if not then not a valid cypher
Akil_Stokes
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Correct and the C leg on your example does not meet that criteria which is why i said it wouldn't be valid
Akil_Stokes
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Make sure you're measuring by actually using a fibonacci extension or (the "cypher pattern" drawing tool) and not just the regualr "xabcd" tool as it will give you incorrect ratios