ICICI FORMED VERY ACCURATE ALT ALT PATTERN AND TP1 ACHIEVED ALREADY NOW ITS TURN FOR TP2.
Trade active
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Trade closed: target reached
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Both Target achieved.
Comments
thecsgs
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It seems you confused with BAT & BUTTERFLY pattern.... like many of those in market..
Bat pattern usually forms at the bottom of downtrends, but Butterfly patterns form at the top of uptrends. Bat patterns look like capital M, whereas Butterfly patterns look like capital W.
Now you see the above chart.... it's like "W"..
munna907
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@thecsgs, I m calling it alternate or reverse bat pattern based on its fib ratios.
thecsgs
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@munna907, yes my friend.. seems to be inverse bat pattern...Eagerly waiting for your next update on ICICI BANK...
Bat pattern usually forms at the bottom of downtrends, but Butterfly patterns form at the top of uptrends. Bat patterns look like capital M, whereas Butterfly patterns look like capital W.
Now you see the above chart.... it's like "W"..