dionvuletich

CHFJPY Daily Cypher 1 or Cypher 2?

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FX:CHFJPY   瑞郎/日元
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CHFJPY Daily Cypher 1 or Cypher 2?

Now the blue Cypher is an interesting one, mainly because the point C at 141% extension was breached with a close, for some traders this points out an invalid pattern,

However stepping back one degree you can see the Cypher in Orange is valid...

Which one would you trade?
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