BANKNIFTY-- Double Top Formed??

Zaktualizowano
Bank nifty Index has formed a double top
price has formed a double top, with a break of demand and price is retraced back to fall again.

If price wants to fall from strong resistance area,
tomorrow price will again test the strong resistance at 45900 level.keep on buyside until this area.
we have a bearish Gap and Strong resistance.

Until price fills these we can't be on bearish side...
we have a trendline confirmation as well...price has taken the support from trendline multiple times, until price breaks the trendline and retest don't go for short side...

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Uwaga
Double top and Head and Shoulders pattern all these are indicating that a sign of reversals, in banknifty.
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Uwaga
will see what happens tomorrow.
Uwaga
Don't go for short side, wait it may go higher, without confirmation don't initiate a short trade.
Uwaga
until trendline breaks and retest don't go for short side.
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Uwaga
until trendline breaks and retest of trendline...no short entry.
if breaks and retest will look for short.
until then keep watch.
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Uwaga
now at trendline will see it breaks or rise.
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Uwaga
Gap filled....be care full.
Uwaga
if price again breaks will go for short side...keeping Sl near trendline.
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Uwaga
broken and retest is done.
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Zlecenie aktywne
Uwaga
safe traders wait for break below....
Uwaga
it is a risky trade....a continuous fall trade...may stop loss hit...keep safe.
Uwaga
Strict to SL
Uwaga
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Uwaga
this is the place...they can take the price much higher....
Uwaga
I am changing my Sl to Entry point.
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Uwaga
safe ones book
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Transakcja zamknięta: osiągnięto wyznaczony cel
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Uwaga
keep safe....
Uwaga
price broken the trendline on opposit side...
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Uwaga
Risk ones enter long
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Zlecenie aktywne
Uwaga
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Transakcja zakończona: osiągnięto poziom stop
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BANKNIFTYbankniftyanalysisbankniftylevelsbankniftypredictionbankniftytradesetupbankniftytradingbankniftytrendbankniftyviewBeyond Technical AnalysisSupport and ResistanceTrend Analysis

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