BANKNIFTY--Trending Up or Down ??

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The bank nifty index, entire day price is trading in a range.
Tomorrow we can expect a breakout or breakdown.....
On top side if price breaks the 45100 level and gives us retest will go for long.
on bottom side if price breaks 44600 and retest will go for short side...
at triangle breakdown or breakout no entry will be placed...
fake out may be possible after a consolidation.
One more point after a strong consolidation price is going down means we can expect a strong upside momentum.
careful here.
Today price has taken the liquidity on both sides...eliminating both buyers and sellers.
Uwaga
don't forget the right shoulder and Neckline.
Uwaga
price is still in range. wait for up or down.
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Uwaga
wicks showing us bullish pressure....
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Uwaga
Don't go long...its manipulating.
Uwaga
wait for break and retest...
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Uwaga
just broken.
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Uwaga
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Uwaga
If it is a continuous bullish, will enter on long ,if gives retracement.
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Uwaga
Strong reds are approching the zone ignore long.
Uwaga
this helps a lot....i think.
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Uwaga
if this trendline acts as support and again breaks high Enter long.
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Uwaga
If this again rejects i will go for short entry....keep look at this level.
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Uwaga
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Uwaga
now price is at my POI for sell.need cinfirmation
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Uwaga
this time if it is bearish our entry will be triggered.
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Uwaga
I am taking the entry to little upside...on break of this low my short triggered.
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Uwaga
Consolidation + price moves upside.... confirmation of sell side...
looking for reversal setup....near its trendline

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strong bullishness failed to take the price up.
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Uwaga
so waiting for short....
Uwaga
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Uwaga
failed to break below.
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Zlecenie zamknięto ręcznie
Our stoploss won't hit....targets won't hit....
will see in next session.
BANKNIFTYbankniftyanalysisbankniftyintradaylevelsbankniftylevelsbankniftytradesetupbankniftytradingbankniftytrendbankniftyviewBeyond Technical AnalysisSupply and DemandTrend Analysis

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