Xypher Pattern Rules

THE RULES

• AB= 0.382 to 0.618 retracement of the XA swing leg;

• BC= extend to maximum 1.414 of the XA swing leg;

• Point C is formed when prices extend the XA leg by at least 1.272 or within 1.130 – 1.414            

•  CD= retrace to 0.786 of the XC swing leg; 
          

How to PLOT

Step 1: Identify the Point X and measure it to Point A

Step II:  Identify Point B which is .382 to .618 Retracement of Point XA

Step III:  Identify Point D by using Fibonacci extension tool and measure Point X to A.
   Extension is in between 1.130 to 1.414 which the max is 1.414

Step IV: Identify Point D by measuring Point X to Point C. It has to be .786 Retracement

To Plot pattern is another skill however to take number of pips and what to watch out for possible that will happen has to be another skill. Watch the video on how to trade on this pattern. and what you must consider to have a profitable trade.

















Sources
https://tradingstrategyguides.com/best-cypher-patterns-trading-strategy/
http://www.profitf.com/articles/patterns/forex-cypher-pattern/#Cypher_Pattern_Rules