c0dchef

HAVELLS - Bearish Butterfly - 1D TF

Short
c0dchef Updated   
NSE:HAVELLS   HAVELLS INDIA
Bearish Butterfly pattern on Daily Chart of HAVELLS. SELL 802-803, SL 810.2, Target(s) - 796, 793.

C point is in violation here, according to the Butterfly pattern rules.

I starting learning Harmonics some days ago and just observing currently, how the price action works here and thereby trying to refine on my Target(s), SL and entry levels.
Trade closed: target reached:
Breaking pattern rules and still target done. It didn't work in the ABB chart. Better stick to the rules to be on the safe side.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.