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gulz
Mar 31, 2017 8:07 AM

Bearish Cypher Short Setup on Relinace Industries, 30 mins chart Short

RELIANCE INDSNSE

Description

Hi,

A Bearish Cypher pattern developing on 30 mins chart. D leg completion @ 1304.

TP1 - 1277 , TP2 - 1261

SL - above X leg

levels highlighted on chart for short opportunity.

RSI entered into Overbought region - Price kissed D leg, It can be shorted if price action supports.

Trade with Care
Gulz.

Order cancelled

Price action not supportive,big long candle @ PRZ
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