Bearish Butterfly - DLF
Bearish butterfly with PRZ marked in chart.
Trade to be entered only if a strong signal bar is seen AND RSI divergence is seen.
Target = 38% retracement of CD.
** Study only for educational purposes, do your own risk assessment before entering the trade **
Trade to be entered only if a strong signal bar is seen AND RSI divergence is seen.
Target = 38% retracement of CD.
** Study only for educational purposes, do your own risk assessment before entering the trade **
Trade active
Timing of entry at around 10 AM was good today. Booked partial profits today, leaving other half with trailing SL.Trade active
Target - 148 (38% retracement of CD roughly)Trade closed: target reached
My trade exited. Stock might still go down, but my target has been achieved.
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