Nifty Bank Indexアップデート済 BANKNIFTY--Inverse Head & Shoulders??
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.
ノート
wait for the consolidation above the neckline...ノート
If price opens below the Head section, will think of short side.ノート
Rally base rally is also possibleノート
so wait for the price to consolidation above neckline.ノート
When price reaches to the 47200 levels, then think of short or upside
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**If these ideas are Helpful !
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