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Cypher

INDIGO - Bullish Shark & Cypher - 4H TFBullish Shark pattern on 4H Chart of INDIGO. BUY 1140-1142, SL 1074.9, Target(s) - 1200, 1220. Bullish Cypher pattern on 4H Chart of INDIGO. BUY 1200, SL 1139.9, Target(s) - 1258, 1270. SL Intraday, Target may take time or read below If he sends another letter:))))) Shark is preferred but there is a very strong support at 1200. But again, what is support n resistance when there are numerous auditors, promoters and letter(s) in this case are just around the corner. No offence intended to anyone, just a limerick.
NSE:INDIGOLong
by c0dchef
India cement heading southward ?Bearish Cypher Harmonic Pattern has been formed in the daily chart of India cement, which is highly reliable. It is neither end of uptrend nor start of downtrend, but as per the completion of Cypher harmonic pattern, Price may fall upto 0.618 retracement of CD leg. Hence first target would be 0.382retracement of CD leg i.e 100.65 and next target would be 0.618 retracement of CD leg i.e 90.75. Disclaimer: This is for education purpose only
NSE:INDIACEMShort
by nirmalmishra
1
USD/JPY Technical analysisUpon factorising two fundamental events, US GDP and JPY’s policy decision, the counter wiggled both sides. It indicates uncertainty in the counter as both the events emanated positive outlook for their respective economy. Then the DXY index went through a profit booking rally, owing to which USD/JPY also slid. But, now the counter has two short-term reversal patterns. One, ABCD pattern which completes at 111.184 zone. Second, the cypher pattern which also completes at the same point. The zone is also a price action support zone. And the RSI indicator is currently printing an oversold reading in the hourly chart, which indicates exhaustion in the counter for the short-term. The confluence of supports only strengthens the bullish argument. Hence, we expect the pair and take support and make an upswing to the resistance of 111.648 for now.
Long
by traderpulse