BANKNIFTY--Inverse Head & Shoulders??

23 ก.พ.

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.

23 ก.พ.

บันทึกช่วยจำ

wait for the consolidation above the neckline...

23 ก.พ.

บันทึกช่วยจำ

If price opens below the Head section, will think of short side.

23 ก.พ.

บันทึกช่วยจำ

Rally base rally is also possible

23 ก.พ.

บันทึกช่วยจำ

so wait for the price to consolidation above neckline.

26 ก.พ.

บันทึกช่วยจำ

When price reaches to the 47200 levels, then think of short or upside