Banknifty Index created a inverse Head and Shoulders pattern...
price broken the neckline strongly...and retested.
on topside clearly resistance is at 46200 and 46500-46550 levels...
keep in long side until price is above the neckline...
no short side until price breaks the below ...after breaks below the neckline will think of short side for liquidity grab below support levels.
If price gives an elimination move below 45500 levels...
look for long side...up to the resistance levels.
price broken the neckline strongly...and retested.
on topside clearly resistance is at 46200 and 46500-46550 levels...
keep in long side until price is above the neckline...
no short side until price breaks the below ...after breaks below the neckline will think of short side for liquidity grab below support levels.
If price gives an elimination move below 45500 levels...
look for long side...up to the resistance levels.
Bình luận:
it is approching the level...wait price may completely bearish as well.
Bình luận:
as long as price is above its bullish only.
Bình luận:
its time to think
Bình luận:
It's time to think elimination or reversal
Bình luận:
Break and continuation or break and fall back
elimination and move upside...
keylevel is neckline
elimination and move upside...
keylevel is neckline
Bình luận:
Breakout or breakdown
Bình luận:
exit from long if price breaks 45970 levels.
Đóng lệnh: đạt mục tiêu:
Its now at one more important zone of resistance...
Bình luận:
until Neckline breaks no short side view
Bình luận:
now price is at important zone of resistance....its time for reversal
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Also share your thoughts in the comments section.
Thanks for your Support **
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