Jump to: Pattern Result
Date and Arrival Time: 2020-12-03 10:30
Symbol Name: PAGEIND
Pattern and Direction: Bearish – Cypher
Pattern Completion Price: 23344.65, Pattern Ideal Completion Price: 23273.30
A Completed Cypher has arrived a 10:30.
This is a pattern with a formation span of 2 days, indicating the possibility for a short-term / intra-day reversal in the price.
There is a potential Sell opportunity at 23344.65 and below. A safe stop-loss for this Cypher can be kept at level X of the pattern (23440) as per the pattern or 1% above the completion depending on the trader’s risk tolerance. PatternSurfer always advocates tight stop-losses to maintain the best risk-reward ratios .
Check back in later to see how this pattern has performed!