Bearish CYPHER - ULTRACEMCOBearish Cypher is about to complete on ULTRACEMCO. Wait for pattern to complete for entry.
Trade:
Short Entry: 3860
Target: 3550
Stop: 4090
Happy Trading!!!
Cypher
Bearish Cypher formation on the USDMXN 4 hour chart. A bearish cypher seems to be emerging on the FX_IDC:USDMXN 4 hour chart.
A limit Sell order can be placed at 21.7887
Target: 21.4403
Stop: 22.0654
A 1:1.26 Risk Reward Ratio
NIFTY Daily ChartA cypher pattern near completion. Watch for price action @ D level (Doji, Eve Star, Bearish Engulf ETC) Target calculated with C to D leg retrace (0.382 & 0.618 of Fibo)
Bearish CYPHER Pattern on SRTRSNSF Bearish CYPHER Pattern on Shri Ram Transport and will break on downside. Stochastic on overbought and will have correction. So, its lead to fall some extent.
Trade:
Short below - 936
Target 1 - 908
Target 2 - 890
target 3 - 870
Stop Loss - 980
Reward Points = 66
Risk Points = 44
"Happy Trading"
L&T Finance Bullish Cypher Patterncurrent price - 93
stopl-loss - 91.50
first target - 94.65
My 2nd target is based on daily cypher pattern which is around 98
so my full target is 98 rupees
JustDial Bullish Cypher Pattern SetupIt is been observed on hourly chart that the price action is forming a Cypher Pattern formation.
Target: 379
Stoploss: 372
Mcleod Russel Completes Bullish Cypher PatternIt is been observed on the daily chart that the price action completes a bullish Cypher Pattern by reching 78.6% retracement level of (X-C) indicating a bullish move ahead.
Target: 158
Target: 160
Stoploss: 148
Tata Power - Bullish Cypher Pattern It is been observed on the daily chart that the price action forms a bullish harmonic pattern called cypher pattern where the Leg D is reaching 78.6% retracement levels. Now it shall retrace back to 38.2% of CD leg. The pattern shall be validated unless it breaks below the stoploss placed at previous support levels.
Target: 78
Stoploss: 72.50
Long Banknifty : Bullish Cypher just completedBullish Cypher in BankNifty, pattern traders trade with proper stops
Nifty : Catching the Falling Knife !Hi Guys !
Yes, going against the trend is catching the falling knife, but if you have the skills, there won't be any fear. From the Nifty chart we can clearly see that there is cypher within Gartley. I expect the cypher to give Gapup open today. If the cypher fails & support is also broken, we do have another potential Gartley completion around 8620's. Those who are trailing stops on short trades, will enjoy Nifty if that happens.
Just another note, some believe that if there is support or resistance zone is marked Nifty should bounce like ball after hitting the zones. No Guys, its just an area on chart where Nifty can take a break,relax and regain its stamina to proceed on any direction, sometimes Nifty or any other scrip broke support/Resistance in seconds. That doesn't mean its not working. Hope this clarifies about support / Resistance.
Happy Trading !
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
Bullish Cypher Pattern - Suzlon EnergyBullish Cypher pattern is completed. RSI is also showing bullish divergence.
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 !
Nifty : Potential Bearish CypherSometime 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 !
LT: Cyphers & Channels - How to trade !Hi Friends,
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. When cypher gets completed we can take short positions in LT.
Happy Trading !
