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Double top pattern in banknifty
Has we can the previous red candle strongly giving us a signal that price will reverse from here has we can see ones the previous candle low has been broken we can see a fall till the previous swing low
As we can see a price is making higher high lower low
So basically this time price will come and retest the trend line if it get support from that trend line price will likely to go and make a new high
However we can't completely avoid the last monthly candle according to FIBONACCI The price has already retraced 100 percentange
And from past two days Brent oil...
NIFTY
As we can see a rising wedged pattern plus a double top conformation
We can see nifty till 19500 till this expery yes I know that's sound crazy for bulls tbh thats what price action is supporting for now