Nifty Bank IndexZaktualizowano BANKNIFTY--Inside Candle + Upside = Fall ??
After Showing strong Bullish Pressure towards new ATH, price showing strong bearish pressure.
price also forms a inside candle, and yesterday shows a strong bullish momentum again.
if this bullish momentum sustains...or falls again.
Considering that inside candle as consolidation at Previous ATH levels,
and shows us a bullish momentum, so if we consider this as
Bearish Pressure + Consolidation + Upside = Great fall.
if we observe after breaking the trendline no retest is observed in higher timeframes,
a strong bullish move is observed from 44700-44750 levels.
if price failed to take the help of previous HH, and bottom side Demand fails,
we can expect a strong fall.
Will see what happens in live market...
Thanks for your support.
price also forms a inside candle, and yesterday shows a strong bullish momentum again.
if this bullish momentum sustains...or falls again.
Considering that inside candle as consolidation at Previous ATH levels,
and shows us a bullish momentum, so if we consider this as
Bearish Pressure + Consolidation + Upside = Great fall.
if we observe after breaking the trendline no retest is observed in higher timeframes,
a strong bullish move is observed from 44700-44750 levels.
if price failed to take the help of previous HH, and bottom side Demand fails,
we can expect a strong fall.
Will see what happens in live market...
Thanks for your support.
Uwaga
price taken the support from previous ATH and moving up...if failed to move up, fall is observed.Uwaga
Uwaga
Price taken the support from HH, if failed to break highs...will plan for short action.Uwaga
Hence proved.......
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Please Like, Follow and Comment
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**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
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Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.