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#banknifty bull trap in progress

Nifty Bank Index (NSE:BANKNIFTY)  
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NSE:BANKNIFTY   Nifty Bank Index
Harmonic Patterns BANKNIFTY TRAP bulltrap
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harmonicpatterns banknifty trap bulltrap
#banknifty

Butterfly flying above 26,500 is a problem and can go till 28,180, the biggest trap is FOMO (Fear Of Missing Out) and that's where the problem starts.

The butterfly can stretch 127% to 161.8% ( 127% is done).

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