HUL butterfly pattern
Updated
- weekly narrow range stock
- falling below S1
- weak buyer seen on 29 jan candle
- feb 5, 12 found selling continuously
- weekly candle of this week also not closing last week candle
- consider if touch D point
- falling below S1
- weak buyer seen on 29 jan candle
- feb 5, 12 found selling continuously
- weekly candle of this week also not closing last week candle
- consider if touch D point
Note
forming trend reversal candleNote
demand zone 1demand zone 2
please wait for trend reversal
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.