Jamna Auto in the daily chart showing a bearish reversal as per Harmonic Cypher Pattern.
Strategy:
One can enter a short trade at or below 57 ( Fibonacci 0.786 level) with a Stoploss of 65. The exit may be planned at 31 marks.
Risk Reward ratio -: 1:2.5
Strategy:
One can enter a short trade at or below 57 ( Fibonacci 0.786 level) with a Stoploss of 65. The exit may be planned at 31 marks.
Risk Reward ratio -: 1:2.5
Trade closed: stop reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.