Sometime cypher gives inverse Risk:reward but worth it
Though we get few points in patterns, their success ratio are higher than most moving avg based techniques
Check your cypher ratio's n enter the trade
Prev.post ( Let's Ride the waves ) - still valid
I will be out today, so there won't be more post for the day, Sorry Guys !
Happy Trading !
We have cypher pattern (potential) in LT and the C to D leg is channeling right now. Even in the channeling we have 2 types - outerchannel (white) on current timeframe n innerchannel (red&whitelines which is 5min Intraday). So trade it as normal breakout trade but decide whether it's gonna be 15min or 5min check ur risks before entering the trade....