SBIN - Bearish Butterfly - 1D TF
Bearish Butterfly Pattern is observed in SBIN on Daily Chart. SELL entry near 344-345 levels. TimeFrame is Daily, it'll be wise to consider this as a POSITIONAL SHORT although INTRADAY entry can be taken as it may come in coming days/weeks.
I just started learning Harmonics, so I'm not sure about the Target and SL yet. Want to get comfortable first, in drawing patterns according to the rules and see how it works.
I just started learning Harmonics, so I'm not sure about the Target and SL yet. Want to get comfortable first, in drawing patterns according to the rules and see how it works.
Note
Activated yesterday morning. From 344 to 337. High of 347.45.
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