Bearish move to continue?
Look for a valid breakout on 5min/15min charts.
NSE:BANKNIFTY
Signal type: Bearish
1) RED Zone: Watch out. Any test and retest to the zone will be a indication for sideways market intraday.
2) Blue Zone: Valid breakout = Signal
3) Green: T1,T2
NSE:BANKNIFTY
Signal type: Bullish
1) RED: Bounce Zone/ Invalidation
2) Blue : Valid breakout = Signal
3) Green: T1,T2,T3 with final Target T4
5min/15min Entry
(Use your own entry method)
Sideways to slightly bullish move early in the session followed by stronger move expected.
