Nifty Bank Index
Diupdate

BANKNIFTY--Inverse Head & Shoulders??

1110
Bank nifty index is showing strong bearish pressure after the liquidity grab above 47200.
price tested the demand zones on bottom side and now facing resistance at trendline.
we have a chance of inverse head and shoulder pattern, to test the ATH levels.
If consolidation happen above neckline will have a chance of testing the ATH is more.
Catatan
wait for the consolidation above the neckline...
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If price opens below the Head section, will think of short side.
cuplikan
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Rally base rally is also possible
cuplikan
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so wait for the price to consolidation above neckline.
Catatan
When price reaches to the 47200 levels, then think of short or upside

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