Am I the only one who sees the bearish sign in banknifty? Price action if forming a rising wedge pattern in banknifty. Rising wedge is a bearish pattern. It starts with widening bottom and as price moves higher the range narrows. But we dont have the confirmation for trend reversal yet.
Comment:
Move sideways, then fall. Will it be the plan of bank nifty?
Comment:
No, no, dont think price is going up!
Comment:
Is it falling?
Comment:
Extend the trend line and see how far banknifty is falling!
