Hey Friends,
Here is a IF-THEN kind (double setup) (H&S breakdown followed a bullish Cypher) on nifty hourly chart.
Trade levels are mentioned on chart - feel free to check it.
As usual, for bullish cypher stops should be kept below X leg.
More importantly watch the price action on lower time frame before making any positions & Trade with Care,
Gulz.
Here is a IF-THEN kind (double setup) (H&S breakdown followed a bullish Cypher) on nifty hourly chart.
Trade levels are mentioned on chart - feel free to check it.
As usual, for bullish cypher stops should be kept below X leg.
More importantly watch the price action on lower time frame before making any positions & Trade with Care,
Gulz.
Comment:
Sorry for the type : read as **Followed by**
Comment:
Upside bounce from the neckline