Expressions (phrases, clauses, etc.)
fortune and misfortune are intertwined; fortune and misfortune come by turns; good luck and bad luck alternate (like the strands of a rope); good and bad fortune are next-door neighbours
Proverb
Also written 禍福は糾える縄の如し【かふくはあざなえるなわのごとし】、禍福はあざなえる縄のごとし【かふくはあざなえるなわのごとし】、禍福はあざなえる縄の如し【かふくはあざなえるなわのごとし】