Bullish Cypher
Kajaria Ceramics : Bullish Bat - GartleyKajaria Ceramics now forming a bullish bat on the daily charts. reversal from the support is also complete. Target of 700 active.
The buls eye.The price can shoot like an arrow for bulls eye.
Yesbank Double Cypher pattern, Targets and stoploss on chart.
Keep a check on bank nifty levels , may retest the entry levels but double bullish cypher will play it's role.
Stoploss on closing basis, only short term targets mentioned, it may go far beyond after a bit retracment.
May retest 300 levels before shooting up.
YesBank: Bullish CypherLong trade will be opened above 345 for 355-362 zone target.
A tighter stop could be below 336 but the pattern stop is below 325.
If stock falls instead of opening long trade above 345, sub-patterns can be seen on lower TF for better entries.
There is one more reason besides cypher that I am looking for pullback? The hint is in the chart.
Trade only if you can afford to take the risk involved.
Regards
NZD/USD Technical analysisThe 1 hour chart of NZD/USD has formed a bullish cypher pattern.
So, it is expected to be bullish for short term and would reach the target
NIFTY:IF THEN DOUBLE SETUP (H&S followed a bullish Cypher)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.
POTENTIAL LONG SETUP : BULLISH CYPHER + TRNED LINE MERGE Hi,
We have another potential Long opportunity at the D leg completion of bullish Cypher setup of TCS Daily chart.
The price reversal expected near to 2243 which is D leg completion of the pattern.
There are chances of trend line & D leg of the pattern to merge,we may witness strong price action to upside if it happens
The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's.
Stop loss would be placed below X leg structure support .
Target 1 - 2377
Target 2 - 2462
(When looking to take targets on the bullish Cypher Pattern the first step is to use your Fibonacci retracement tool.
With your Fibonacci retracement tool draw from the C to D leg, you are looking for target 1 at the 38.20% and target 2 at the 61.80%.
To protect the profits you have accumulated at target 1 it is advised you move your stop loss to breakeven once the 38.20% target 1 has been attained, thus giving you a risk free trade to target 2. )
Note : This setup will be valid only if price complete the D leg.
Trade with Care
Gulz.
Potential Harmonic - Apollo Hospitals (Daily)Hello Traders,
We have spotted a potential Bullish Cypher Pattern on Apollo Hospital daily chart. If pattern completes, we will have a swing trade set-up. This potential trade will have a risk/reward ratio of 1:1 for target-1 and 1:1.6 for target-2.
Happy Trading!!!
Long Banknifty : Bullish Cypher just completedBullish Cypher in BankNifty, pattern traders trade with proper stops
Bullish Cypher on UBLBullish Cypher pattern is forming.
Potential long entry @ 841
Potential Target @
SL @ 869
Bullish Cypher - SHREE CEMPotential Bullish Cypher Pattern is forming.
Long Entry @ 16462
Target @ 17227
SL @ 15964
Nifty : After Bear Cypher, Here comes Bull Cypher !Nifty may open Gap up right away bcos of Bullish cypher, but as per the overview post (Lets ride the waves), there is hourly close below triangle pattern but is it gonna start the fall ?? or it's just teasing the lower trendlines of triangle ? Let's see... Anyway if you look at this cypher risk vs reward its pure awesomeness...
Happy TradinG !
