BULLISH BUTTERFLY
TATA TECHNOLOGIES, is forming a “bullish butterfly” pattern with PRZ1@867.55, PRZ2@850.15 and PRZ3@871.20
First pattern got failed as terminal bar doesn’t show any reversal sign and it also formed as resistance for terminal bar + 1 candle.
Hence new reversal zone for pattern is calculated.
First pattern got failed as terminal bar doesn’t show any reversal sign and it also formed as resistance for terminal bar + 1 candle.
Hence new reversal zone for pattern is calculated.
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.