Banknifty - 13 Jul'20 fractal & pattern analysis Short

Nifty Bank IndexNSE

Description

⋅ Jul 11, 2020 4:16 PM

Channel pattern break shows that the price will move downward. On a larger time frame like 4H or D, the trend is still upwards. However, on lower time frames like 1H and execution on 15 min/5 min shows a downward trend