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Trademint08
Apr 15, 2021 5:35 PM

BANKNIFTY SHORT SETUP ON 15 MINS CHART Short

Nifty Bank IndexNSE

Description

BNF is trading a wedge range pattern and we can observe the range of the pattern squeezing at the end indicating contraction. There’s also falling wedge formation price action action pattern which indicates a possible reversal about to happen. Also we have a resistance level on hourly chart that could help the breakdown of falling wedge pattern. Trade at your own risk. Enter short after the breakdown of pattern. Trade safe
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