Jump to: Pattern Result
Date and Arrival Time: 2021-03-19 10:35
Symbol Name: TXN
Pattern and Direction: Bullish Cypher
Pattern Completion Price: 173.39, Pattern Ideal Completion Price: 173.56
A Bullish Cypher has arrived at 10:35.
This is a pattern with a formation span of 4 days.
There is a potential Buy opportunity at 173.39. A safe stop-loss for this Cypher can be kept at 171.76 as per the pattern invalidation level. PatternSurfer always advocates tight stop-losses to maintain the best risk-reward ratios .
UPDATE: 22nd March – Success!
Let’s take a look at how this pattern’s results unfolded, with the largest target being hit on the 22nd March, following which the price continued in a bullish manner.