Jamna Auto Bearish Reversal - Harmonic Cypher Pattern

 Jamna Auto has created a Bearish Cypher Pattern which is very rare in Harmonic patterns.

The daily chart has given below...

The strategy can be as follow...

Jamna Auto in the daily chart showing a bearish reversal as per Harmonic Cypher Pattern. Strategy: One can enter a short trade at or below 57 ( Fibonacci 0.786 level) with a Stop-loss of 65. The exit may be planned at 31 marks. 

Risk Reward ratio -: 1:2.5