Forex glossary
Cypher Pattern
The Cypher Pattern is a five-point harmonic price formation (X-A-B-C-D) based on Fibonacci levels, defined by Darren Oglesbee. Its signature is point C extending beyond A (a 1.272–1.414 retracement of the X-A leg) and point D sitting at the 0.786 retracement of the X-C leg, marking a potential reversal zone.