BANKNIFTY--Inverse Head & Shoulders??
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Bank nifty index is showing strong bearish pressure after the liquidity grab above 47200.
price tested the demand zones on bottom side and now facing resistance at trendline.
we have a chance of inverse head and shoulder pattern, to test the ATH levels.
If consolidation happen above neckline will have a chance of testing the ATH is more.
price tested the demand zones on bottom side and now facing resistance at trendline.
we have a chance of inverse head and shoulder pattern, to test the ATH levels.
If consolidation happen above neckline will have a chance of testing the ATH is more.
Ghi chú
wait for the consolidation above the neckline...Ghi chú
If price opens below the Head section, will think of short side.Ghi chú
Rally base rally is also possibleGhi chú
so wait for the price to consolidation above neckline.Ghi chú
When price reaches to the 47200 levels, then think of short or upside
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