Bullish Reversal- BANKNIFTY
Refer 1 Min Chart
After Accumulating for a long time, created a small bearish pressure to trap the Retail traders.
After the strong bullish candle, confirmed fake breakdown took all the StopLosses.
You can enter immediately after the impulsive candle or can wait for retarcement for better confirmation.
Bullish pressure was so high that it broke day's high in matter of minutes.
After Accumulating for a long time, created a small bearish pressure to trap the Retail traders.
After the strong bullish candle, confirmed fake breakdown took all the StopLosses.
You can enter immediately after the impulsive candle or can wait for retarcement for better confirmation.
Bullish pressure was so high that it broke day's high in matter of minutes.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.