BankNifty is in consolidation phase and create liquidity on both sides. Sellers are exhausted and price will move down for more sellers to enter and then takeout all SL's to move price higher. High chance of price to move higher once it creates CHOCH.
Catatan
Looks like a manipulation on UP side to take some liquidity and come down soon. This Idea is still valid, wait for an update. Let price come down and break todays low and take some SLs.
Catatan
Perfect reversal from the Demand Zone after liquidity sweep.
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