BN has formed an extended wick at the supply zone.
It is favorable to short, if the first hourly candle closes below previous close and inside upper BB.
View negated if opens gap up.
It is favorable to short, if the first hourly candle closes below previous close and inside upper BB.
View negated if opens gap up.
Note
Our shorting worked perfect in the first 2 hours.Bank nifty fell from 36100 to 35700.
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.
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.