nirav5

Potential Bullish Gartley on the BankNifty

Long
NSE:BANKNIFTY   NIFTY BANK
1
Potential Bullish Gartley in the making. Possible reversal area can be near 19400 as it will be 1.61 Fibonacci retracement of BC leg and 0.786 retracement of XC leg.
Kindly confirm the reversal before initiating the long position.
Earlier it was looking like a Bearish Gartley pattern since 19700 - 19800 support is taken out it is forming another harmonic structure.