Hi, saw this formation and thought will check with the larger more learned community if something like this is a possibility? Please feel free to critique, laugh it off or whatever you do best.
Trade active:
While I had speculated on this idea when Nifty was above 18000, after price reversion, it has hit a low of 16836. Let us see if it reverses and heads back towards 18500. Or will Fed commentary spook the market and take down the Nifty. If Nifty goes down, the pattern is invalid.