Banknifty long

Wyckoff Consolidation pattern - awaiting for huge upmove.

Comment:

Test of 7 spring. 8 rest, 9 jump, 10, 11, 12 to follow

Comment:

8 test going on..once done..price should follow 9 jump....10, 11, 12.

Trade active:

After the 8 test at 17600...price complete the consolidation pattern and on track ..of a huge upmove . Covered 1400 points already. Holding 18860 aggresively and 18600 conservatively expect more upsides

Trade closed: target reached:

A 1700 point rally from the Wyckoff consolidation pattern lows.
A clean 5 wave completion...

Trading idea closed.