Trade: NPT Butterfly Pattern Bullish Divergence Buy

Trade: NPT Butterfly Pattern Bullish Divergence Buy

Snapshot:

NPT Butterfly Pattern Bullish Divergence Buy
NPT Butterfly Pattern Bullish Divergence Buy

Reasons For Trade:

  1. Completion of butterfly pattern
  2. Price oversold
  3. bullish divergence
  4. Previous support area
  5. Completion of abcd pattern
  6. Good buy volume few days ago

Stop Placement:

4.8p

Targets:

7.8p

Trade Execution:

On market

Concerns:

None

Planned News/Events Expected:

Unknown

Post Execution Review:

 

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