1. Hanging Man Formation on weekly chart.
2. The price is at 50% Retracement Level.
3. XB= 62(Near to 61.8%) , AC=1.109(Near to 1.13) . It Satisfy the Cypher Pattern on Hour Chart.
4. Assuming XD=0.786 (For the Complete Formation of Cypher Pattern) , D Point to 3330.
5. CMP :3316 near to 3330 . To keep the Trade Safe Wait for the Trend Line Break Out Must Happen.
RULE: DAY MUST START WITH RED CANDLE TO ACTIVATE THIS TRADE.
SELL BELOW: 3303 TARGET: 3285 , 3273 STOP LOSS:3317
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Gaurav Bajaj
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Ordine annullato:
Don't activate the trade
