Counter Attack Candlestick Pattern Nifty

Zaktualizowano
Nifty has formed a rare Counter Attack candlestick pattern. If found after a rally in price, it's a bearish reversal pattern. The way to trade this would be to wait for confirmation that prices indeed want to fall and then enter the trade keeping the pivot high as SL.

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in.tradingview.com/chart/whUiROtc/
Uwaga
No confirmation of prices wanting to fall. View will be cancelled if the recent top is taken out on closing basis.
Uwaga
View first got negated and then eventually played out. Classic whipsaw.
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Chart PatternsTechnical IndicatorsNIFTY

Index Options Trader. Nifty. Bank Nifty.
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