Glossary · Pro tools

Cypher pattern

A pattern where C runs beyond A, then D pulls back 0.786 of the whole X to C swing.

Why it matters

It is a pullback after a new extreme, so it often continues the trend rather than reversing it.

How to read it

Zone at 0.786 of XC, stop beyond X.

Related

In the Cluenex app, this explanation opens next to every cypher pattern figure, with the live reading for the stock you are looking at. Open it in Cluenex