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...
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...
Catatan
Double top and Head and Shoulders pattern all these are indicating that a sign of reversals, in banknifty.Catatan
will see what happens tomorrow.Catatan
Don't go for short side, wait it may go higher, without confirmation don't initiate a short trade.Catatan
until trendline breaks and retest don't go for short side.Catatan
until trendline breaks and retest of trendline...no short entry.if breaks and retest will look for short.
until then keep watch.
Catatan
now at trendline will see it breaks or rise.Catatan
Gap filled....be care full.Catatan
if price again breaks will go for short side...keeping Sl near trendline.Catatan
broken and retest is done.Trade aktif
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safe traders wait for break below....Catatan
it is a risky trade....a continuous fall trade...may stop loss hit...keep safe.Catatan
Strict to SLCatatan
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this is the place...they can take the price much higher....Catatan
I am changing my Sl to Entry point.Catatan
safe ones book Trading ditutup: target tercapai
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keep safe....Catatan
price broken the trendline on opposit side...Catatan
Risk ones enter longTrade aktif
Catatan
Trading ditutup: stop tercapai
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Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.