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BHEL Cypher Pattern Formation (Old One)

BHARAT HEAVY ELECT (NSE:BHEL)  
nr002workdesire  
NSE:BHEL   BHARAT HEAVY ELECT
Cypher
1
0
cypherpattern
Hi, I am a learner and had just gone through Cypher Pattern . While moving through this chart I tried my 1st ever Cypher Pattern on Script. Please the PRo-Traders express your view towards correctness of the pattern and help me out with how StopLoss and Target should be calculated if the Trade gets activated in upcoming time at 31.05 without breaking the C-high.

Also, is their any Expiry of the Pattern-Formation?
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